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 …

Landmines Before Buhari

As the handover date of May 29, speedily approaches for General Muhammadu Buhari of the All Progressives Congress, to take over the reign of government from President Gooluck Jonathan, there are appear to be some landmines which the incoming administration needs to avoid in order to …

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 …

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 …

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 …

NITEL, MTEL Sold at Last

After several failed efforts, the Bureau of Public Enterprises has finally sold Nigerian Telecommunication and Nigeria Mobile Telecommunication to NATCOM Consortium …

BPE in the Dock

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

Postponing the Evil Day

– The federal government has succumbed to the pressure mounted by oil workers and shelves its plan to privatise the refineries […]