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 …

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 …

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 …

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 …

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 …

BPE in the Dock

– DISENGAGED staff and pensioners of the defunct Nigerian Coal Corporation, NCC, have dragged the Bureau of Public Enterprises, BPE, […]

BPE Trains Staff

– THE Bureau of Public Enterprises, BPE, has charged its workers to acquaint themselves with monitoring techniques to ensure that […]