BPE TARGETS 189BN REVENUE IN 2026

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The Bureau of Public Enterprises (BPE) says it has an approved work plan comprising fifteen (15) strategic projects across sectors with projected revenue of ₦189.1 Billion for 2026, as it deliberately makes effort to contribute meaningfully to fiscal consolidation, reduce reliance on debt financing and support capital expenditure priorities of Government.

This position was made known by the Director-General of BPE, Ayodeji A. Gbeleyi on Wednesday in Abuja at the Annual General Meeting of the Finance Correspondents Association of Nigeria (FICAN).

Representated by the Director, Industries and Services, BPE, Mr. Toibudeen Oduniyi, Gbeleyi said the 2026 portfolio includes the proposed commercialisation of two from the ten (10) National Integrated Power Plants (NIPPs), public listing of shares of a Disco on the Nigerian Exchange Limited (NGX), concession of Oyan Dam, and assets optimisation initiatives in the oil and gas sector.

He said Nigeria’s solid minerals sector presents significant opportunity for export diversification and value-chain development and ongoing initiative by the Bureau in leasing out four (4) coal blocks is aimed at moving from a dormant asset holding to productive exploitation and supporting Mr. President’s economic diversification agenda and the expansion of non-oil GDP.

Gbeleyi said beyond revenue, the transactions are structured to enhance operational efficiency, unlock stranded value, attract domestic and foreign investments, deepen the capital market and stimulate job creation.

He added that the Bureau continues to drive other reform initiatives such as the Distribution Sector Recovery Programme (DISREP) towards bridging the country’s metering gap and strengthen distribution network infrastructure, and the development and upgrading of strategic infrastructure through Public-Private Partnership (PPP).

He said reforms are foundational to improving service delivery, strengthening sector governance and accelerating inclusive growth.
“We are equally focused on resolving legacy disputes that have historically constrained asset performance and investor confidence.

“Through sustained engagement with the Office of the Honourable Attorney-General of the Federation and other relevant institutions, the Bureau has achieved significant progress towards the resolution of arbitration matters and longstanding litigations.

“The adoption of alternative dispute resolution mechanisms has yielded measurable financial and relational benefits, further reinforcing policy stability,” he added.

The BPE boss in the broader strategic context, the Bureau recognises that Nigeria faces a substantial infrastructure gap and that sustainable economic transformation requires robust private sector participation.

“Accordingly, we are working with key stakeholders across Government and development finance institutions to develop a pipeline of catalytic PPP projects in energy, transport, agriculture, housing, ICT and other productive sectors.

“Our approach is anchored on policy predictability, legal and regulatory clarity, commercial viability, stakeholder alignment and long-term value optimization,” he said.

While submitting that the journey towards a US$1 trillion economy demands fiscal discipline, institutional strengthening, improved asset performance, and a vibrant private sector, Gbeleyi said the Bureau remains committed to delivering reforms that are transparent, accountable and aligned with national development priorities.

He noted that accurate and responsible financial journalism strengthens market confidence, promotes accountability, educates investors and fosters informed public discourse, therefore encouraged continued collaboration between the Bureau and the Association in advancing transparency around reform, privatisation, commercialisation and PPP initiatives.


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