FG ‘ll end estimated billing syndrome in nation’s power sector Omo-Agege
On
Deputy Senate President, Ovie Omo-Agege.
Sen. Ovie Omo-Agege, Deputy President of the Senate, on Saturday said the Federal Government was committed to ending the estimated billing syndrome in the nation’s power sector.
Omo-Agege made this known at the groundbreaking ceremony of the Power Sub-Station in Orogun, Ughellli North Local Government Area of Delta.
The project is being constructed by the Niger Delta Power Holding Company (NDPHC) and National Integrated Power Power Project (NIPP).
“I remind the Benin Electricity Distribution Company (BEDC) of its obligation to customers and the government regarding the mass metering initiative of the Federal Government aimed at ending the era of estimated billing syndrome.
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The Nigerian government has announced its decision to sell five power generating companies.
Constructed under the National Integrated Power Project (NIPP), the sale of the companies will done through the Bureau of Public Enterprises (BPE), which handles the sale of public assets.
A document signed by the Director-General of the BPE, Alex Okoh, and made available to the media called for bids for the 100 percent shareholding of the government in any of the five companies.
According to the News Agency of Nigeria, the development is part of ongoing reform in the Nigerian Electricity Supply Industry and in line with the Nigerian Electric Power Policy and Electric Power Sector Reform (EPSR) Act, 2005.
BPE offers 5 NIPP Gencos to investors
By Folasade Akpan
Abuja, May 2, 2021 The Bureau of Public Enterprises (BPE) has called on prospective investors to express interest in purchasing 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power Project (NIPP) listed for sale.
It said this in a document signed by the Director-General, Mr Alex Okoh, and made available to the media on Sunday.
The document said that it was in continuation of the ongoing reforms of the Nigerian Electricity Supply Industry and consistent with the Nigerian Electric Power Policy and Electric Power Sector Reform (EPSR) Act, 2005.
Authors: May 3, 2021 7:55 AM
The Bureau of Public Enterprises (BPE) has called on prospective investors to express interest in purchasing 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power Project (NIPP) listed for sale. An energy company, Mainstream Energy has revealed that 150MW of electricity is currently stranded in the Kainji, Jebba hydro power plants [nigeriaelectricityhub] Pulse Nigeria It said this in a document signed by the Director-General, Mr Alex Okoh, and made available to the media on Sunday. The document said that it was in continuation of the ongoing reforms of the Nigerian Electricity Supply Industry and consistent with the Nigerian Electric Power Policy and Electric Power Sector Reform (EPSR) Act, 2005.