Geregu

Elumelu, Otedola, others take over power generation plants

by Isi Esene The financial bid process for the Power Holding Company of Nigeria successor Generation Companies attracted a number of notable businessmen such as Tony Elumelu, Femi Otedola and several others. The bidding was organised by the Bureau of Public Enterprises (BPE) the privatize the generation component of the supply of electricity to the... Read More

Amperion, Femi Otedola, Forte Oil, Geregu, Ibrahim Babangida, Niger State, Obinna Ufudo, power plant, Tony Elumelu, Transcorp, Ughelli

September 25, 2012

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Power Plays: Femi Otedola takes over Geregu Power Plant

by Isi Esene Nigeria’s long road to a stable power supply appears to be shortening with the naming of preferred bidders for some of the power generation plants slated for privatization. This announcement was made today in Abuja by representatives of the Bureau of Public Enterprises (BPE) who named a consortium which included Transcorp Plc... Read More

Abuja, BPE, Bureau of Public Enterprises, Femi Otedola, generation, Geregu, Power, Transcorp, Ughelli