After Privatisation, DisCos’ Capacity Increases By 19%   The capacity of the 11 electricity distribution companies, otherwise known as the DisCos, to absorb more power generated by generating companies, GenCos, grew by a mere 18 per cent since the sector was privatised nearly nine years ago. A...

DisCos Blame FG On Failed N100bn Subsidy After Privatisation   The Association of Nigerian Electricity Distributors (ANED) has blamed the federal government for failing to provide a N100 billion fund and other promises after the 2013 privatisation to ensure the Distribution Companies (DisCos) improve services. According to...

Fed Govt Privatises 234 Companies – BPE   The federal government has said no fewer than 234 public enterprises have been reformed by way of privatisation, commercialisation and in some cases, concession. The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, disclosed this in a statement...

FG Generates N1trn From Privatisation – BPE       The Bureau of Public Enterprises (BPE) has said over N1 trillion has been generated from 234 concluded transactions of previously government-owned enterprises. The BPE Director-General, Mr Alex Okoh, said this on Monday in Abuja at a media conference on...

Does Privatisation Serve Public Interests By Eric Teniola     Between 1988 and 1993, Alhaji Hamzat Rafindandi Zayyad (1937-2002) dominated the headlines in this country. He was in the news not because he was the first chartered accountant from the old Northern Nigeria. He became an accountant in...

Fed Govt Begins Restructuring Of Power Ministry     The Federal Government on Thursday commenced moves towards the restructuring of the Federal Ministry of Power. It said the initiative would ensure better service delivery and the execution of government’s vision for the power sector. To achieve this, the Minister...