Business Hilights

Tracking Nigeria's Headline Business News Online

Alex Okoh

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…

(Special Report) BPE opens eyes of Nigerians on why PIB may not fly under Buhari

Nigerians who are hoping to see the nation’s oil and gas industry truly librelised and the Nigerian National Petroleum Corporation (NNPC) privatized to deepen private investments may need to wait till after the end of the current administration in power….

FG considering fresh options to save power sector means acceptance of failure

Nigerians have described recent pronouncement of the Federal Government through the Bureau of Public Enterprises (BPE) that it is considering a number of options, including cost-reflective tariffs and injecting new investors into the electricity distribution and generating companies as a…

NIMASA, BPE pledge to work with Minister’s National Fleet Implementation panel

More agencies of the government have continued to buy into the ongoing activities if the National Fleet Implementation Committee (NFIC) set up by the Minister of Transportation, Rotimi Amaechi to drive return of Nigerian flag on the seas. Addressing a…

Hard ease of doing business puts 52 out 142 privatised enterprises in limbo—BPE

Contrary to the claims of the federal government that ease of doing business in Nigeria is rising, the Bureau of Public Enterprises (BPE), has revealed that out of a total of 142 public enterprises that have been sold to private…

Force majeure notice to FG means time up for Discos—BPE

The long stretch of opposite trending between the federal government and electricity distribution firms (Discos) in the country is taking a more dangerous dimension. This stemmed from the recent issuance of notice to declare force majeure due to the declaration…

Industry

Alex Okoh, new DG of BPE pledges to monitor performance of privatised enterprises

New Director-General of Bureau of Public Enterprises (BPE), Alex Okoh, has given assurance to step up post-privatization monitoring activities of all privatized companies to ensure that new owners live up to the agreements they signed. A statement by BPE in…