Adewale Sanyaolu The Bureau of Public Enterprises (BPE), has concessioned the Warri old Port Terminal B to Ocean& Cargo Terminal Services Limited. Speaking at the signing ceremony in Abuja Director-General of BPE, Mr. Alex Okoh, tasked the concessionaire to focus on increased efficiency, improved service delivery, modernised port development and reduction in the cost of […]
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Bureau of Public Enterprises (BPE)
BPE to partner EFCC to ensure transparency in privatization processes
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has expressed the willingness of the Bureau to partner with the Economic and Financial Crimes Commission (EFFC) to ensure transparency in all the processes of the reform and privatization programme of the Federal Government. Okoh who made this known during a courtesyRead More …
SAHCO launches IPO to raise N406 million
Skyways Aviation Handling Company (SAHCO) Plc on Monday launched an initial public offer for sale of N406, 074, 000 with effect from November 12, 2018. This is just as the firm said its shareholders have concluded plans to divest 49 per cent equity to the public in line with the share purchase agreement it signed […] …
BPE to support 2018 budget with N300bn privatisation proceeds –Okoh
Amechi Ogbonna The Bureau of Public Enterprises (BPE), yesterday said it targets over N300 billion from sale of the Federal Government assets to support financing of the N9.62trillion 2018 budget. Its Director-General, Dr Alex Okoh, who disclosed this at the stakeholders’ media interactive forum organised by the Enterprise and the Stakeholders Engagement Committee of the […]
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Inefficient public enterprise management slowing Nigeria’s growth –BPE
Chinwendu Obienyi The Bureau of Public Enterprises (BPE) has blamed the gross inefficiency of Nigeria’s publicly owned enterprises for the country’s low GDP growth. The bureau, however, lamented that this poor performance has rubbed off on Nigerian citizens as they are yet to reap the benefits of investments that never took place. Delivering a paper […]
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