BPE assure workers of no job losses in NIPOST reform
Director General of the Bureau of Public Enterprises (BPE), Alex Okoh has assured workers of the Nigerian Postal Service (NIPOST) that the on-going reform...
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.
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
‘How 265 government agencies violated fiscal, audit rules’
About 265 agencies of the Federal Government have violated the fiscal and audit rules governing the operations of government accounts in 2017.
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,
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.