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BPE Plans IPO for DisCos, GenCo on Nigerian Exchange

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BPE DisCos IPO Nigeria

BPE DisCos IPO Nigeria: Two DisCos, one GenCo set for listing, as bureau accelerates reforms in energy, housing, aviation, and mining sectors

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The Bureau of Public Enterprises (BPE) has unveiled plans to list two electricity Distribution Companies (DisCos) and one Generation Company (GenCo) on the Nigerian Stock Exchange through an Initial Public Offering (IPO).

Also readNational Assembly to NERC, suspend June electricity tariff hike

BPE Director-General, Ayodeji Gbeleyi, announced this on Tuesday in Abuja during a media briefing, noting that the companies’ names remain confidential for now.

He revealed that shareholder loan agreements had been executed for 10 of the 11 DisCos, with disbursements expected soon, while the privatisation of five GenCos was currently on hold due to exchange rate volatility and transmission bottlenecks.

On energy infrastructure, Gbeleyi said BPE was accelerating projects under the Renewed Hope Agenda, including the Distribution Sector Recovery Programme (DISREP), Afam III Fast Power, Makurdi Hydropower Plant, and reforms in the mining sector.

He also confirmed that the bureau would support policies to stop financial leakages in national refineries.

Beyond the power sector, Gbeleyi disclosed that BPE was pursuing partial or full commercialisation of key agencies such as the **National Parks Service, Nigeria Film Corporation, Federal Mortgage Bank of Nigeria (FMBN), and the Federal Housing Authority (FHA).**

On transport and infrastructure, he highlighted ongoing engagements for the concession of five airports and efforts to optimise the **Baro Inland Port** in collaboration with the Ministry of Marine and Blue Economy and the National Inland Waterways Authority (NIWA).

However, the BPE boss admitted that challenges persist, including weak legal frameworks for PPPs, resistance to reforms by MDAs, inadequate funding, and legacy litigation from past transactions.

Also read: Kano Governor Distributes 500 Transformers to Boost Rural Electrification

He assured that the bureau was working with the Ministry of Budget and Economic Planning to build a strong pipeline of catalytic PPP projects.

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Governor Dauda Lawal woos investors, highlights Zamfara’s economic opportunities at CEO Forum

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Zamfara State Governor, Dauda Lawal, has called for stronger collaboration between government, businesses and investors to unlock private capital and drive inclusive economic growth in the state.

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Lawal made the call while delivering a Special Policy Address at the 2026 CEO Forum organised by the Global Compact Network Nigeria in Lagos.

The forum, held under the theme “Financing a Dignified Future: Aligning Business Action, Policy and Capital,” brought together chief executives, senior government officials, industry leaders, diplomats, trade commissioners and international development partners.

Participants were drawn from key sectors of the economy, including oil and gas, energy, manufacturing, construction and infrastructure.

The governor spoke on the growing competition among states for increasingly selective private capital and the factors that could transform an economic opportunity into an investable proposition.

He explained how his administration was working to bridge the gap between available economic opportunities and investment, with emphasis on building investor confidence while ensuring that investments deliver meaningful outcomes for the people of Zamfara.

According to him, attracting investment requires more than identifying economic opportunities, but also creating the conditions, policies and partnerships capable of giving investors confidence to commit capital.

The forum provided a platform for business leaders, government officials and investors to examine ways of aligning business strategies, public policies and capital deployment to unlock productive investment.

Discussions also focused on identifying businesses, sectors and projects with strong potential but facing difficulties in accessing financing, as well as measures to make such opportunities more attractive to investors.

The organisers also introduced the concept of the “Dignity Dividend,” examining how investment-led growth could translate into better jobs, stronger businesses, increased productivity, local value creation and broader economic participation.

Another key component of the forum was the identification of actionable commitments and partnerships that participating institutions could advance over the next six to 12 months.

Notable speakers at the event included chief executives of First Bank Group, Access Bank, Flour Mills of Nigeria Plc, Nigeria Economic Summit Group, Nigerian Exchange Group, Chellarams Plc, SecureID Group and Greenwich Merchant Bank Plc, among others.

The organisers said the session would culminate in a live showcase of the Business Value and Sustainability Platform (BVSP), described as a standing coalition of business, capital and policy actors designed to sustain the dialogue.

The platform is also expected to contribute to shaping Nigeria’s private-sector engagement during the United Nations General Assembly High-Level Week.

The governor’s participation in the forum comes as Zamfara seeks to strengthen its economic base, attract productive investment and create opportunities that can support sustainable livelihoods and wider participation in the state’s economy.

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Economy

Fuel subsidy debate: Between economic reform and political expediency

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Atiku petrol subsidy plans have reignited Nigeria’s 2027 debate as the ADC candidate promises relief while the Presidency demands clarity

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Lawal Strengthens Zamfara Judiciary With ₦600m Support

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The governor distributed official vehicles to judicial officers and said about 90 per cent of court rehabilitation projects across the state had been completed

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