Posts Tagged ‘BPE’

President Goodluck Jonathan on Tuesday relieved Ms Bolanle Onagoruwa of her post as the Director General of Bureau of Public Enterprises(BPE). This is amidst pressure from different quarters especiually the Senate over her indictment by the ad hoc committee on charges of fraudulent sale of Federal Government’s shares in Eleme Petrochemical Company.

You would recall that the Senate Committee on Ethics and Public Petitions had in July this year said the Senate no longer recognised her as the Director-General of the BPE. She had appeared before the committee following a petition submitted by an aggrieved former employee of the BPE, seeking redress for wrongful dismissal.

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Inter State Electrics Limited, a subsidiary of Chrome Group, an Abuja-based business conglomerate owned by Sir Emeka Offor on Tuesday 16th October 2012 won 2 out of the 10 distribution companies (discos) that  was bidded for this morning under the privatization programe organised by the National Council on Privatisation (NCP). The exercise which took place at the Transcorp Hilton Hotel, Abuja amidst 20 participating companies saw Inter State Electrics Limited winning bids for Abuja and Enugu discos respectively. The NCP which is headed by Vice-President Namadi Sambo, had approved the eligibility of the firms for the exercise which was initially billed for October 10but later postponed till today.