Fed Govt, Transcorp’s Afam Plant Deal To Add 966MW Generation         The Federal Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium in relation to Afam Power Plc and Afam III Fast Power Ltd. The agreement, which is expected to lead to...

Fed Govt Signs N105bn Afam Power Sale Pact Today       The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on Wednesday that the ceremony, which holds at the...

Power Crisis: Reps, BPE Differ On Discos, Gencos’ Performance   The House of Representatives and the Bureau of Public Enterprises have differed on the performance of generation and distribution companies after the privatisation of the power sector by the Federal Government. While the BPE said the privatisation...

FG Creates Three Subsidiaries Under NIPOST   The Federal Government is unbundling the Nigerian Postal Service into three subsidiary companies which will operate on the principle of commercial viability, the Bureau of Public Enterprises announced on Wednesday. The BPE’s Director-General, Alex Okoh, said the ongoing reform of...

BPE Opposes Gencos, Discos’ Sale Reversal, Proposes Subsidy   The Bureau of Public Enterprises has opposed the reversal of the privatisation of the country’s power sector despite calls on government from different quarters to repossess the power generation and distribution companies. The bureau is also targeting the...

Court Ordered BPE Boss Jailed For 30 Days For Contempt   The Federal High Court in Abuja on Tuesday jailed the Director-General of the Bureau of Public Enterprises, Alex Okoh, for contempt of court. Justice Anwuli Chikere ordered that Okoh be remanded in prison for at least...