The House of Representatives Committee on Public Accounts has accused the Bureau for Public Enterprise (BPE) of wasting N10 billion on registering two companies for the Nigeria Postal Service, only for them to fold up a year later. The companies, NIPOST Transport and Logistics Limited and NIPOST Property, took off in May 2023 and folded up in May 2024 due to a Presidential directive. The Committee has directed the BPE […]
By Oduyemi Odumade The House of Representatives has mandated its Committee on Privatization and Commercialization to investigate the activities of the Bureau of Public Enterprises, BPE from 2019 to May 2023. The Committee is to report back within four weeks for further legislative action. These resolutions followed the adoption of a motion moved by Hassan Shehu Hussain from In his lead debate the Lawmaker noted that the Federal Government […]
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