Yet another deal on Ajaokuta steel complex?
Conflicting signals over what to do with the comatose Ajaokuta Steel Mill is unhealthy. Government appears to be at sea again over what to do or how to save the huge investment on the landmark project...
Federal Government unveils roadmap for power sector
The Federal Government of Nigeria has unveiled a roadmap geared towards resolving existing challenges in the power sector and expanding capacity for future power needs in Nigeria.
The new power deal with Siemens
President Muhammadu Buhari’s new power deal with the German energy giant, Siemens, should ordinarily present a new ray of hope for the wobbling power sector but for that same expectation that has long been deferred. Can the government, faithfully, execute this agreement and give Nigerians a new lease of life? This is where the answer always blows in the wind.
BPE set to sell 10 NIPPs, NIGCOMSAT
The remaining 10 Nigerian National Integrated Power Projects (NIPP) are to be privatised this year by the Bureau of Public Enterprises (BPE) as part of efforts...
BPE pushes for efficiency with increased FG representation on Discos' board
To address efficiency gaps in the nation's power sector as well as aid reforms are implemented, the Federal Government, will this month, increase its representation on the boards of electricity distribution companies.
Taking agriculture to the Next Level
One of the critical sectors of the nation’s economy that the President Muhammadu Buhari-led administration has made appreciable progress is that of agriculture. And there are empirical evidences on ground to attest to this. For instance, the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) has made available N82billion in funding to 350,000…
BPE flays Bank of Agriculture for poor performance
Following what it described as sub-optimal performance, the Bureau of Public Enterprises (BPE), said it has become imperative to restructure the Bank of Agriculture (BOA), to substantially improve its operating framework and governance structure.
FG kicks off process to privatise Bank of Agriculture
The Federal Government yesterday kicked off a process to privatise the equity of Bank of Agriculture (BoA) with government agencies owning 40 per cent of the equity share of the bank and the private sector, farmers owning 60 per cent share of the bank. Under the soon to be restructured bank, the Central Bank of…
Senate committee seeks privatisation cost for BPE budget
The Senate Committee on Privatisation has called for the review of the Bureau of Public Enterprises (BPE) budgeting structure to reflect cost of transactions. Vice Chairman of the Committee, Yahaya Abdullahi, stated this at the BPE’s 2019 budget presentation at the National Assembly in Abuja yesterday, according to a statement by Head, Public Communications of…
BPE hinges NNPC’s privatisation on Petroleum Industry Bill outcome
The Director General of Bureau for Public Enterprises (BPE), Alex Okoh yesterday, insisted that the bureau must await the outcome of the Petroleum Industry Bill (PIB) to privatise the Nigerian National Petroleum Corporation (NNPC)....