Peugeot sees Nigeria Importing N3tn Used Vehicles, Motorcycles this year
Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, has informed that Nigeria will import used cars and motorcycles worth N3 trillion in 2021. He also described the recent tariff reduction…
(Special Report) Why FG won’t payoff Discos N2.68trn if it revokes concession now
Background In Law of Contract, when given and signed terms and conditions of agreement are not met; the originator reserves the right to revoke the contract citing failures perpetrated by the executor in chief. About seven years ago and precisely…
‘BPE’s stand on Discos makes it accomplice in their poor performances’
Industry experts have picked deep holes in what they describe as the strange of the Bureau of Public Enterprises (BPE) in opposing the reversal of the privatisation of the country’s power sector. Before now, every stakeholder in Nigeria’s power project…
Corruption delaying BPE’s review of Discos’ performance, experts tell Minister
More power stakeholders’ have joined in the protest against the official delays by the leadership of Bureau of Public Enterprises (BPE) to review the performance of the electricity distribution companies in the country. It should be recalled that during the…
BPE technically voids sold plots under Ajayi at Lagos Trade Fair Complex
…Insists on concessioning complex with caveat Strong confusion especially concerning areas yet to be developed in the Lagos Trade Fair Complex prior to the removal of former concessionaire, Aulic Nigeria Limited has unfolded following an express clarification contained in the…
Port stakeholders’ again, remind NPA of reviewing concession agreements
Since 2006, the federal government concessioned key port terminals in Nigeria with a clear mandate to improve on port infrastructure, revenue generation and general industry development. The concessionaires were handed down varying time frames for their concessions. Some have 25,…
Any deal to get gas supply rebate for ALSCON may upset Gencos, others—Expert
The federal Government through the Bureau of Public Enterprises (BPE), may be closing in on committing a business blunder if it agrees to a deal that will reduce gas price and supplies to the Aluminium Smelting Company of Nigeria (ALSCON),…
S’East importers seek answers on why Onitsha Port is inactive 6 months after concession
…As BPE charges Warri Port Terminal B concessionaire on productivity
Lagos Trade Fair investors reject re-concession plot, seek takeover of remaining 25%
Following recent move by the Bureau of Public Enterprises (BPE), through the National Council on Privatisation (NCP) to re-concession the Lagos International Trade fair complex on Badagry Expressway, consortium of traders currently occupying the complex on different long lease agreements…
Plan to shift review of Discos’ performance next year policy summersault—NUEE
Barely one week after the federal government through the Bureau of Public Enterprises (BPE), gave an indication of shifting the first statutory review of performance of electricity Distribution Companies (Discos) to next year, the National Union of Electricity Employees (NUEE)…
