BPE
BPE lists 91 federal assets for sale to boost economy and attract investors
The Bureau of Public Enterprises (BPE) has announced plans to privatise or commercialise 91 federal government-owned assets across key sectors of the economy, in a fresh bid to attract investment, unlock efficiency, and reduce the burden of managing loss-making enterprises. Speaking at a media briefing in Abuja on Tuesday, the Director-General of BPE, Ayodeji Gbeleyi, […]
Power shake-up: BPE lists two DisCos, GenCo on exchange
As Nigeria intensifies efforts to revitalize its power sector and deepen capital markets, the Bureau of Public Enterprises (BPE)—under the leadership of Director-General Ayo Gbeleyi—has launched a groundbreaking initiative to list shares of two electricity distribution companies (DisCos) and one generation company (GenCo) on the Nigerian Exchange (NGX). This move marks a strategic shift from […]
AMCON Offloads Ibadan Disco Stake to Recover
The Asset Management Corporation of Nigeria (AMCON) has completed the sale of its 60 per cent equity stake in the Ibadan Electricity Distribution Company (IBEDC), marking a major step in its renewed drive to recover bad debts and divest distressed national assets. This development was confirmed on Thursday during a press briefing in Lagos by […]
Shettima to Privatisation Council: Prioritise Public Interest
Vice President Kashim Shettima has issued a strong directive to members of the National Council on Privatisation (NCP), emphasizing the need for transparent, legally sound, and accountable practices in all ongoing and future privatisation processes. The Vice President, who doubles as Chairman of the Council, gave this charge during the second NCP meeting of 2025 […]