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Fed Govt To Sell Geregu, 2 Plants For N434bn

Fed Govt To Sell Geregu, 2 Plants For N434bn       The Federal government has said it will sell the Geregu, Omotosho and Calabar power plants for N434 billion to investors next year. This is contained in a document presented by Alex Okoh, the Director-General, Bureau of Public...

NIPOST Reform Won’t Cause Job Losses – BPE

NIPOST Reform Won’t Cause Job Losses - BPE       The Director-General, Bureau of Public Enterprises, Alex Okoh, on Wednesday assured workers of the Nigerian Postal Service that the ongoing reform of the postal service would not lead to job losses or retrenchment. He said the reform would...

BPE Disowns Ex-PHCN Workers, Says No Ongoing Verification

BPE Disowns Ex-PHCN Workers, Says No Ongoing Verification The Bureau of Public Enterprises has denied any link with the purported ongoing verification of former workers of the defunct Power Holding Company of Nigeria. In a statement issued in Abuja on Thursday, Head of Public Communications at...

BPE Flays BoA For Dismal Performance

BPE Flays BoA For Dismal Performance Following what it described as sub-optimal performance, the Bureau of Public Enterprises (BPE), said it has become imperative to restructure the Bank of Agriculture (BOA), to substantially improve its operating framework and governance structure.This is with a view to...

BPE, Investors Meet On $211m Refund For Afam, Yola Disco

BPE, Investors Meet On $211m Refund For Afam, Yola Disco Officials of the Bureau of Public Enterprises and former investors in two electricity companies – Yola Electricity Distribution Company and Afam Power Plc – have met for the refund of $211.81m which the investors had...

BPE Yet To Repay N112bn Loan Incurred On NITEL Transaction, Investigation Reveals

BPE Yet To Repay N112bn Loan Incurred On NITEL Transaction, Investigation Reveals The Bureau of Public Enterprises has yet to redeem a total of N112bn it incurred in the process of selling Nigeria’s legacy telecommunications operator, the defunct Nigerian Telecommunications Limited, investigation has shown. The Debt...