Nigeria concludes the sale of five power plants for $1 billion, aiming to boost revenue and efficiency. The bidding process, overseen by the Ministry of Power, involves assets jointly owned by the government.
In a landmark move, the Nigerian government has successfully concluded the sale of...
The Bureau of Public Enterprises (BPE), acting on behalf of the Federal Government, is in the process of selling five power plants under the National Integrated Power Projects (NIPPs) at an estimated cost of $1.15 billion. While sources suggest an international benchmark valuation exceeding $5...
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Three electricity generation companies (Gencos) built by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Projects (NIPPs) would soon be sold to private investors in continuation of the 2013 NIPP privatisation that was suspended, the Managing Director of NDPHC...
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