BPE urges investigation of DisCos
The Bureau of Public Enterprises (BPE) has called for the audit of the 11 distribution companies (DisCos) in relation to their performance seven years after the conclusion of the power sector’s privatisation programme.
BPE restricts intervention to FCT
The Bureau of Public Enterprises (BPE) has said it would concentrate its distribution of food items to cushion the harsh effects of the Coronavirus Pandemic (COVID-19) to the vulnerable in the society
No privatisation of refineries, JV assets yet, says BPE
There are no plans yet to privatise Nigeria’s ailing refineries, at least not for the 2020 fiscal year, meaning that the importation of refined products with the attendant subsidy cost, which has eaten up so much of revenue meant for distribution amongst the three tiers of government, will remain.
How Nigeria can recover billions through audit
The Office of the Auditor General of the Federation (OAuGF) has just recently published the audited report for the financial statements of the federation for the year ended
BPE defends electricity privatisation, assures of improved power supply
The Director-General of the Bureau of Public Enterprises (BPE), Alex A. Okoh has assured that with the various interventions by the Federal Government in the power sector...
Again, investors at loggerheads over ownership of DisCo
The crisis rocking the ownership of Abuja Electricity Distribution Company (AEDC) may be far from over, as one of the investors, CEC Africa Investments Limited (CECA), insisted that its partner,
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...
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...