We Are Paying Off Electricity Workers Already — Govt
IT would seem that government, on behalf of many Nigerians, including the investors who believe in the current privatisation efforts, are winning the battle, pushing past “age-long” hurdles in an ambitious countdown to the sale of the power plants.
Power assets that have been successfully sold by the BPE include 10 distribution companies (Ikeja, Eko, Enugu, Port Harcourt, Ibadan, Yola, Jos, Abuja, Benin and Kano) and five power generation companies (Shiroro hydro plant, Ughelli Thermal Plant, Sapele Power Plant, Kainji Hydro Plant and Geregu Power Plant). The Afam Generating Plant and the Kaduna Distribution Company are yet to be sold.
At least, $2.6 billion (about N408 billion, going by conservative estimates), according to the Bureau of Public Enterprises (BPE), will hit the national coffers by the time the exercise is successfully concluded; that will amount to some N408 billion going by conservative estimates.
0 comments:
Post a Comment