All posts tagged "privatisation"
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Electricity: FG earmarks $3.7b for 20,000mw by 2016
Vice President, Namadi Sambo, on Thursday said the privatisation of the Bank of Agriculture (BoA) by the National Council on Privatisation (NCP) is to unbundle, and enable it provide cheaper funds for agriculture. Speaking at the closing ceremony...
- Posted September 7, 2013
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PHCN successor companies: Investors must make full payments before takeover – BPE
The Bureau for Public Enterprise has said investors bidding for the Power Holding Company of Nigeria successor companies will only be allowed to takeover the companies upon 100 per cent payment of their bid consideration. This was...
- Posted May 27, 2013
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Why there is drop in power supply – FG
Th federal government has said that the ongoing repairs at the Shiroro Power Plant in Niger State, was responsible for the sudden drop in power supply. Addressing State House Press after the 27th Board meeting of the...
- Posted March 23, 2013
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No going back on privatisation of power sector – FG
The Federal Government said on Thursday that there was no going back on the decision to privatise the power sector. The Minister of Power, Prof. Chinedu Nebo, said this in a statement by Timothy Oyedeji, Deputy Director/Head...
- Posted March 15, 2013
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FG sells Egbin power plant for $407m
National Council on Privatisation (NCP) has approved the sale of 70 per cent of Egbin Power Plant in Lagos to a Korean firm, KEPCO, for $407.3 million. Chairman of the Technical Committee of the NCP, Atedo Peterside,...
- Posted March 1, 2013