Tag: BPE
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Account for N10bn spent on firms registration, Reps tell BPE
The House of Representatives has urged the Bureau for Public Enterprise (BPE) to account for about N10 billion alleged used to register two companies for the Nigeria Postal Service (NIPOST). Rep. Bamidele Salam, Chairman, House Committee on Public Accounts made the call in Abuja at the resumed investigative
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Alleged N1bn bribe: Court reserves ruling in trial-within-trial of Ex-BPE DG, Dikki
Justice Yusuf Halilu of a Federal Capital Territory high court on Tuesday reserved a ruling in a trial-within-trial filed by a former Director-General of the Bureau for Public Enterprises (BPE), Benjamin Dikki. Dikki is being prosecuted by the Economic and Financial Crimes Commission
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BREAKING: Tinubu fires two CEOs
President Bola Tinubu has fired two (2) Chief Executive Officers (CEOs) of Federal Competition and Consumer Protection Commission (FCCPC) and Director-General/CEO, Bureau of Public Enterprises (BPE).
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Reps summon finance minister, power, BPE others over planned sale of power plants
The House of Representatives has summoned the Ministers of Finance, budget and National Planning, the Minister of Power, over the planned sale of five power plants belonging to the three tiers of government. Others summoned are the Director General for the Bureau for Public Enterprise (BPE), and the Managing Directors of the Niger Delta Power…
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We’ll ensure changes in DisCos don’t disrupt service – FG
The Minister of Power, Mr Abubakar Aliyu says the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos). Mal Isa’ Sanusi, Special Adviser on Media to the Minister of Power, made this known in a statement in Abuja on Wednesday.
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Despite public outcry, Reps pass Bill empowering BPE to control all public assets in Nigeria
Despite public outcry, Reps
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No plan to privatise TCN – BPE
Mr Yunana Malo, Director, Energy Department, Bureau of Public Enterprises (BPE) says there is no plan to privatise the Transmission Company of Nigeria (TCN). He said, at a media conference on Monday in Abuja, rather than that, the Bureau would concession it to get maximum value. He said transmission was the weak link in the…
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BREAKING: Buhari reappoints Alex Okoh after 4 years in BPE
President Muhammadu Buhari has approved the reappointment of Mr. Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises (BPE) for a second term of four years. According to a statement emanating from the presidency the reappointment is in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization &…
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BPE Begs FG to Sell Public Assets to Clear N2.28trn Budget Deficit
In order to fund the proposed N10.33 trillion 2020 budget, the Bureau of Public Enterprises (BPE) has called on the federal government to privatize government owned enterprises to settle the N2.28 trillion budget deficit. This stance was made known by the Director-General of the BPE, Mr Alex Okoh, at an interactive forum with the Senate…
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Aluminum smelting company to re-commence production
President Muhammadu Buhari is to re-inaugurate the Aluminum Smelting Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom, to enable it to re-commence production. The Director-General (D-G), Bureau of Public Enterprises (BPE), Mr Alex Okoh, gave the hint through the Head, Public Communications, BPE, Mrs Amina Othman, on Sunday in Abuja. Okoh said that the BPE…