The Federal Government has not secretly handed over 15 successor companies of the Power Holding Company of Nigeria to core investors, the Bureau of Public Enterprises has said.
Spokesman of the privatisation agency, Mr. Chigbo Anichebe, who said this in a statement made available to our correspondent on Sunday, also disclosed that the National Council on privatisation had approved the privatisation of the Abuja Securities and Commodities Exchange.
Anichebe said there was no truth in the report that the successor companies had been handed over to the core investors without the payment of the 75 per cent of the bid prices.
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