Fed Govt Hands Over N105.3bn Power Plant To Transcorp       The Federal Government on Thursday handed over the N105.3bn Afam Power Plant to Transcorp Power Consortium based on the approval of the National Council on Privatisation. The Director-General, Bureau of Public Enterprises, Alex Okoh, handed over the...

Fed Govt, Transcorp’s Afam Plant Deal To Add 966MW Generation         The Federal Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium in relation to Afam Power Plc and Afam III Fast Power Ltd. The agreement, which is expected to lead to...

Fed Govt Signs N105bn Afam Power Sale Pact Today       The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on Wednesday that the ceremony, which holds at the...

Yola Disco, 2 Power Plants for Sale The federal government will re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor because of the Boko Haram insurgency, and two additional gas-fired power generation plants. This development is coming...

Expert Canvasses Privatization of TCN A leading Economist and the Chief Executive Officer of Economic Associates, Dr. Ayo Teriba, has canvassed for the privatization of the Transmission Company of Nigeria (TCN). Speaking when he presented a paper titled: Macro-economic Role of privatization on the Nigerian Economy...

FG Decries Misconceptions on Privatization Programme The Federal Government has decried the misconceptions on the privatization and Commercialization programme, saying there must be deliberate efforts to correct the delusions. Speaking at a one-day orientation programme for members of the Stakeholders Engagement Committee (SEC) of the National...