BPE

The Bureau of Public Enterprises, (BPE) is set to commence a verification exercise for the payment of the agreed 16-month Severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN) who served…

The Bureau of Public Enterprises (BPE) has debunked reports that the Federal government has concluded plans to sell the Transmission Company of Nigeria (TCN). The Bureau made the reffutal in a statement issued by the Head of Public…

The Bureau of Public Enterprises (BPE) is set to collaborate with Jindal Steel & Power Group (a leading world player in Steel, Mines and Infrastructure) in its areas of interest to invest in Nigeria. Director General of the BPE, Alex…

Fidelity Bank Plc has taken over the board of three power distribution firms in one fell swoop, a critical sign that the power sector is in a deeper crisis than imagined. The discos that have now lost their independence to…

  In line with the decision to reduce the reliance on the federal government to fund the China Exim loans, the National Council on Privatisation (NCP) has resolved to concession the Zungeru Hydroelectricity Power Plant (ZHPP) in the…

By TAYO ELEGBEDE Despite its inability to pay seven years rent it owed, the  Abuja Electricity Distribution Company (AEDC) said it is ready to purchase two of the assets of its landlord, the Nigeria Electricity Liability Management…

Finally, the Senate has begun a probe of the various agreement signed during the 2013 power sector reform in its efforts to find a lasting solution to the problem in the sector. The probe being handled by the Senate Committee on Power…

For the failure of privatised paper mills in the country to live up to expectations, the Bureau of Public Enterprises (BPE) is again under the searchlight of the Senate that is seeking to know why the local market has crumbled to imported…

The Federal Ministry of Justice, on Thursday, opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III. The Consultancy Service is to undertake the monitoring of the implementation of the tripartite…

AMINA HUSSAINI, Abuja The Bureau of Public Enterprises (BPE) is making efforts to resolve the lingering legal tussle on the Aluminum Smelter Company of Nigeria (ALSCON) at Ikot-Abasi which is in a moribund state. BPE…