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NIPP sale: BPE ignores Reps, NNPC bids for power plants

NIPP sale: BPE ignores Reps, NNPC bids for power plants The Punch Published 6 July 2021 The Bureau of Public Enterprises on Monday assured prospective power investors that the five National Integrated Power Plants put up for sale would go on as planned despite calls for its suspension by the House of Representatives. Also, documents sighted in Abuja on Monday showed that the Nigerian National Petroleum Corporation had submitted Expression of Interest to the BPE to acquire the five NIPPs though NNPC Gas and Power Investment Company Limited. On July 1, The PUNCH reported that the House of Representatives asked the Federal Government to suspend plan to sell the NIPPs owned by the Niger Delta Power Holding Company Limited until the lingering issues on the ownership of the firm were resolved.

Kogi stateNiger deltaNigeria generalOgun stateCross riverOndo stateAbuja federal capital territoryCross river stateEdo stateAlex okohAmina othmanPresidential power initiativeGeregu generation companyOmotosho generation companyNational integrated power plantsTransmission company of nigeria

FG set to sell 5 NIPP power plants, says BPE

• Electricity workers threaten strike over planned sale of TCN The Federal Government has assured prospective power investors that the five National Integrated Power Plants (NIPPs) put up for sale will go on as planned. Director General of the Bureau of Public Enterprises (BPE), the agency overseeing the privatisation of the five plants, Mr. Alex A. Okoh, told reporters in Abuja, yesterday, that the move was in line with the bureau’s 2021 work plan as approved by the National Council on Privatisation (NCP) and would be strictly adhered to. The plants are: Benin Generation Company Limited at Ihovba, Edo State; Calabar Generation Company Limited, Cross River State; Geregu Generation Company Limited, Kogi State; Olorunsogo Generation Company Limited, Ogun State; and Omotosho Generation Company Limited, Ondo State.

Kogi stateOgun stateCross riverOndo stateAbuja federal capital territoryCross river stateEdo stateJoe ajaeroAlexa okohGeregu generation companyNational union of electricity employeesOmotosho generation companyTransmission company of nigeriaNational assemblyBenin generation company limited at ihovbaCalabar generation company

No going back on the sale of 5 power plants, FG reassures investors

Okoh, the Bureau had received 36 Expression of Interest (EOIs) from prospective investors. He said the Federal Government was determined to resuscitate the power plants to put them to full use for the much needed power requirement of the people and growth of the nation. He also said that the privatisation of the five NIPP plants was in line with the Bureau’s 2021 work plan as approved by the National Council on Privatisation (NCP). The five NIPP plants are: Benin Generation Company Limited at Ihovba, Edo State, Calabar Generation Company Limited, Cross River State, Geregu Generation Company Limited, Kogi State, Olorunsogo Generation Company Limited, Ogun State and Omotosho Generation Company Limited, Ondo State.

Kogi stateOgun stateCross riverOndo stateCross river stateEdo stateGeregu generation companyDistribution companies discosPresidential power initiativeNews agency of nigeriaOmotosho generation companyTransmission company of nigeriaBenin generation company limited at ihovbaCentral bankCalabar generation companyWorld bank distribution intervention programme

36 Investors Jostle for Five NIPPs Slated for Sale

36 Investors Jostle for Five NIPPs Slated for Sale
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Kogi stateOgun stateCross riverOndo stateAbuja federal capital territoryCross river stateEdo stateNdubuisi francisMuhhamdu buhariAlex okohAlexa okohGeregu generation companyDistribution companies discosPresidential power initiativeOmotosho generation companyTransmission company of nigeria

Kaduna establishes judicial commission of inquiry into NLC strike

Kaduna establishes judicial commission of inquiry into NLC strike
premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.

Abuja federal capital territoryKaduna stateFederal republic of nigeriaAyuba wabbaMusa kakakiNasirudeen usmanMuyiwa adekeyeNasir el rufaiDaniel chukwudi enwelumRabiu daboJoan jatau kadiyaMohammed isah aliyuIshaq belloChom baguJoe ajaeroMuhammadu buhari