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All posts tagged "bidders"

  • FG starts physical handover of power plants by November – Igali

    The Federal Government on Thursday announced plans to start physical hand-over of the successor companies of the Power Holding Company of Nigeria (PHCN) to the new owners by November. Dr Godknows Igali, the Permanent Secretary of the...

    • Posted September 27, 2013
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  • Mass sack imminent, as new owners take over PHCN

    The sack of over 20,000 or 37 per cent of the estimated 54,000 workers of the Power Holding Company of Nigeria (PHCN) became imminent at the weekend, as the Federal Government insisted that it would hand over...

    • Posted August 14, 2013
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  • Privatisation: Peterside explains use of ATC & C for bidders

    At the opening of Financial Bids for Kaduna Distribution Company (DISCO) and Afam Generation Company (Genco) which held on July 31, 2013 in Abuja, Northwest Power Ltd had the highest Aggregate Technical Commercial and Collection Loss reduction...

    • Posted August 6, 2013
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  • No deadline extension for power firm bidders – BPE

    The 14 preferred bidders for the power firms slated for privatisation will not get any extension for the payment of their bid prices except the National Council on Privatisation so directs, the Bureau of Public Enterprises has...

    • Posted July 18, 2013
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  • Nigeria makes $469m over PHCN sale

    Nigeria’s Bureau of Public Enterprise (BPE) said it had received the sum of 469,031,940.46 million dollars from preferred bidders for PHCN successor companies. This is contained in a statement issued by Mr Chigbo Anichebe, Head, Public Communication,...

    • Posted March 21, 2013
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  • Power sector: New owners to take possession of assets June 2013

    The newly preferred bidders in the Federal Government’s privatised power sector are expected to take possession of assets by June, 2013. A member, National Council on Privatization, NCP, and Chairman, NCP’s Technical Committee, Mr. Atedo Peterside revealed...

    • Posted February 20, 2013
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