Bureau of Public Enterprises
Nigerian governors to meet Wednesday over financial autonomy for state legislature, judiciary
Governors of the 36 states are scheduled to hold a teleconference on Wednesday to deliberate on the executive order 10 which grants financial autonomy to the state legislature and judiciary. In a statement issued on Monday and signed by Abdulrazaque Bello-Barkindo, head of media and public affairs of the Nigeria Governors’ Forum (NGF), there will also be discussions on measures to prevent a third wave of COVID-19 infections in the country. Bello-Barkindo said the forum will take updates on the State Fiscal Transparency, Accountability And Sustainability (SFTAS), among other issues. “The meeting, which is the 30th of its kind by the Nigeria Governors’ Forum, commences at 2pm prompt but Governors are expected to start logging-in from 1pm,” he said. “The meeting will cover lessons for States ...
BPE chief’s tenure extended by four more years
President Muhammadu Buhari has approved the renewal of the appointment of Mr. Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises (BPE) for a second term of four years in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999. Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, in a statement on Thursday, said his renewal would take effect from 10th April 2021. The BPE is the Federal Government agency charged with economic reforms especially the privatisation and commercialisation of government-owned enterprises in the country. BPE also serves as the secretariat of the National Council on Privatisation. In the last four years, BPE has witnessed a notabl...
Nigerian government mulls TCN’s unbundling, partial concession to boost power supply
The federal government is considering the unbundling and partial concession of the Transmission Company of Nigeria (TCN) to boost its efficiency in the government’s bid to improve power supply. Director, Energy, Bureau of Public Enterprises (BPE), Mr. Yunana Malo, said during the March edition of “the Electricity Hub” conversation series on power that the National Council on Privatisation (NCP) had directed that a proper strategy should be mapped out for the unbundling of TCN. He stated that the government believed that all the players in the energy value chain should be able to align with the needs of the power sector seamlessly, adding that the right environment is being created for the transmission component to match generation and distribution. Malo said data was key to making decision...
Nigeria invites bid for monitoring of spending of Abacha loot
File Photo The Federal Ministry of Justice on Thursday opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III. Newsmen that the Consultancy Service is to undertake the monitoring of the implementation of the tripartite agreement on the Sharing, Transfer, Disposition, Repatriation and Management of the Abacha Forfeited Assets. Mrs Ladidi Mohammed, Head, Asset Recovery and Management Unit, Ministry of justice declared open the bidding process. Mohammed said the process is in tandem with the Asset Return Agreement of Feb. 3 by the Nigeria government, the United States and the Bailiwick of Jersey. ‘`This Agreement is based on international law and cooperation measures that set out the procedures for the repatriation, transfer, disposition and management ...
