THE Federal Government has inaugurated four Technical Working, TWGs, Groups to review and implement a strategic roadmap for the resuscitation […]
RTag: BPE
Union faults govt over takeover of five DisCos
THE Association of Nigerian Electricity Distributors (ANED) has said the Federal Government failed to release N100 billion to the 11 […]
BPE reacts to claims by some Discos over collaterised shares
THE Bureau of Public Enterprises, BPE, says that it considers it imperative to clear the air on the insinuations and […]
Privatisation: 16 firms pre-qualify for national power projects- BPE
MR Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE), says 16 firms have pre-qualified for the privatisation of five […]
National council of privatisation approves NELMCO board, fast tracks concession of Zungeru power plant
THE National Council on Privatisation (NCP) has approved the board composition and proposed governance framework for the sustainable management and […]
BPE pledges Support to Nigerdock Nigeria Plc Board
ALEX A. Okoh, director general of the Bureau of Public Enterprises, BPE, has assured the …
NIPOST being reformed for e-Commerce – Shittu
THE Nigerian Postal Service, NIPOST, is being reformed to strengthen and
Why Geometric Dispute with Interstate is Unresolved
THE Nigerian Electricity Regulatory Commission, NERC, is waiting for a nod from President Muhammadu Buhari to wade into the dispute between Geometric Power and Interstate which has been stalled by lawsuits …
Manitoba’s Contract To Manage TCN Extended
The federal government has extended Manitoba’s contract to manage the Transmission Company of Nigeria for one year …
Cement Company Invests $600M in Power Plant
THE Cement Company of Northern Nigeria, CCNN, Sokoto, is to invest about $600 million to build an additional power plant to make it self-sufficient in power supply to enhance its production capacity. The company that is currently generating 12MW of electricity is building the new plant …
FG Urged Not to Takeover Transmission Company of Nigeria
Barth Nnaji, former minister of power, is against the federal government taking over the Transmission Company of Nigeria from Manitoba, a Canadian firm whose contract expires in July …
Cement Company Invests $600M in Power Plant
THE Cement Company of Northern Nigeria, CCNN, Sokoto, is to invest about $600 million to build an additional power plant to make it self-sufficient in power supply to enhance its production capacity. The company that is currently generating 12MW of electricity is building the new plant …
Power Firms Declare Force Majeure
THE Bureau of Public Enterprises, BPE, has said that some electricity Distribution Companies, DISCOs have declared force majeure over tariffs and insurgency in the country. Alex Okoh, head of public communications, BPE, who said this in a statement on Tuesday, May 26, also disclosed that the …
Remittances by DISCOs to FG Drop
The Nigerian Bulk Electricity Trading says that remittances will be affected by drop in power generation …
BPE Pays 98% of Defunct PHCN Staff
BENJAMIN Ezra Dikki, director general of the Bureau of Public enterprises, BPE, has informed members of the National Union of Electricity Employees of Nigeria, NUEE, that 46,744 out of the 47,913 bonafide staff, representing 98 percent of the workforce of the defunct Power Holding …
BPE Defends Action on BOI, Others
The Bureau of Public Enterprises dismisses allegations that privatisation of Bank of Industry and other development finance institutions in the country are being rushed, stating the process has been on since 2014 …
Seven Concessionaires to Bid for Warri Port Terminal
The Bureau of Public Enterprises is to invite seven qualified concessionaires to bid for the Warri Port Terminal …
SON Certifies Dangote Sugar Refinery
The Standard Organisation of Nigeria issues Dangote Sugar Refinery with another Food Safety Management Systems certification (NIS ISO 22000:2005), making it the only company in the country to have triple certification …
NCP Pays N373billion to PHCN Staff
The implementation committee on the payment of severance package set up by the National Council on Privatisation pays a total of N373,170,291,200.38 to former staff of PHCN as their entitlements …
A New Approach for Gas Development
THE Nigeria Liquefied Natural Gas, NLNG, has called for the deployment of an accelerated development model in producing and utilising Nigeria’s vast gas deposit. In his presentation at the 2015 edition of the Nigeria Oil and Gas, NOG, conference and exhibition in Abuja, Babs Omotowa, …
Why FG Did Ports Reform
Benjamin Dikki, director general of the Bureau of public Enterprises, at a lecture in Lagos, last week, defends the port reform programme of the federal government …
NIGCOMSAT to Be Privatised
THE federal government is to sell the Nigerian Communications Satellite Limited, NIGCOMSAT, in order to inject the entrepreneurial spirit into the running of the company. Benjamin Dikki, director general, Bureau of Public Enterprises, BPE, said the need to privatise the NIGCOMSAT is borne out of the need to …
Five Firms Benefit from Power Stabilisation Facility
Power Firms have been given N18.26 billion by the Central Bank of Nigeria as part of the Nigeria Electricity Market Stabilisation fund …
NATCOM Pays $75 Million for NITEL/MTEL
The NATCOM Consortium has paid the first installment price of $75, 756,300 for buying Nigerian Telecommunications and Nigerian Mobile Telecommunications …
GECF Appoints Alison-Madueke as President
DIEZANI Alison-Madueke, minister of Petroleum Resources, is now the president of the ministerial meeting of the Gas Exporting Countries Forum, GECF, being the first woman to head the body. The appointment, which was announced on Tuesday, in Doha, Qatar, at the ongoing 16th ministerial conference …
Nigeria loses $287 million Monthly in Oil Contracts
THE Bureau of Public Enterprises, BPE, has said that $113 billion needed to be injected into the country to fix three critical sectors of the economy in order to put it in the right direction. Benjamin Dikki, director general, BPE said Nigeria required the amount in six years for the development of three critical …
Government Must Account for its Actions – BPE
Benjamin Dikki, director-general, BPE, is of the view that government as the custodian of our collective resources has the responsibility to account to the people on how its managing them to better their lives …
The Feud between BPE, Electricity Workers
– The Bureau of Public Enterprises has dismissed the allegation by the National Union of Electricity Workers on non-payment of […]
Postponing the Evil Day
– The federal government has succumbed to the pressure mounted by oil workers and shelves its plan to privatise the refineries […]