Tag: BPE
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Reps urge NPC, BPE to suspend sale of Afam Power Plant as scrap
From Jonas Ike, Abuja The House of Representatives on Wednesday urged the National Council on Privatization NPC and the Bureau of Public Enterprises BPE to immediately suspend its ongoing sale of Afam Power Plc on a fast track transaction basis and allow for repair of of the national asset in phases to enhance its value.…
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BPE to raise N300b to fund 2018 Budget – DG
The Director General, Bureau of Public Enterprises (BPE), Dr Alex Okoh on Monday said the Bureau will generate over N300 billion from privatisation and commercialisation to support the 2018 budget financing. Okoh spoke in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and the Stakeholders Engagement Committee of the National Council on…
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FG reforms 140 public enterprises in 30 years – BPE
The Bureau of Public Enterprises (BPE) and its predecessor, Technical Committee on Privatisation and Commercialisation (TCPC), have reformed over 140 public enterprises in 30 years. The Director-General of BPE, Mr Alex Okoh, disclosed this at the inauguration of the Stakeholder Engagement Committee of the National Council on Privatisation (NCP) on Tuesday in Abuja. The committee…
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Why most private Nigerian firms are failing – BPE
…Says we’ve privatised 142 enterprises since inception The Bureau for Public Enterprises (BPE) on Tuesday explained why most Nigerian firms are not performing and yielding the desired Return On Investment (ROI) for investors. The agency said it has privatised 142 enterprises since inception in 2004 with 37 per cent of them (52) not performing. The…
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Postmaster-General calls for postal service reforms
The Postmaster General of the Federation, Mr Bisi Adegbuyi, has called for the amendment of postal laws to separate regulation from operation to enhance the development of the postal sector. He made the call on Wednesday in Abuja in his address at the Senate Public Hearing on the Nigerian Postal Service Act 2004. He said…
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BPE reform: privatised enterprises to list in the capital market
Mr Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE) says the structure of reforms being carried out by the organisation is targetted at listing of privatised enterprises as the final outcome. Okoh said this in a statement issued by the Head, Public Communications, Mr Chukwumah Nwokoh on Sunday in Abuja. Okoh said this during…