Tag: privatisation

FG to privatise national assets as part of economic recovery plan

Minister of Budget and National planning Udo Udoma has said the Federal Government is considering sale of assets as part of its Economic Recovery and Growth Plan due to be…

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FG won’t revoke power sector privatisation – Fashola

The Federal Government says it will not revoke the privatisation of the power sector. Minister for Power, Works and Housing Babatunde Fashola (SAN) stated this on Thursday while speaking at…

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Shehu Sani to Fashola: ‘We’ve moved from power epilepsy to power paralysis’

Senator Shehu Sani has taken a swipe at the Minister of Power, Works and Housing, Babatunde Fashola over the abject state of electricity supply in the country. The destruction of…

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Lagos, Kano, Abuja and Port Harcourt airports may be privatised

Four of the major airports in Nigeria- Lagos, Abuja, Port Harcourt and Kano- may be privatised by the Federal Government. During a fact-finding and evaluation tour of the Murtala Muhammed Airport…

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David Mark feels your pain, goes after electricity operators… for you

by James Sambo Senate President, David Mark, is showing some empathy to the plight of Nigerians suffering the epileptic electricity supply in the country. On Friday, Mark lamented the fact…

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Ijeoma Nwogwugwu: Time to stop toying with the PIB (1)

by Ijeoma Nwogwugwu But as the legislators on both side of the divide bicker and employ delay tactics over what really are inconsequential issues that could easily be resolved, they…

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Simon Kolawole: Ibeto locks horns with Ebonyi gov’t – A most wasteful process

by Simon Kolawole  The notion that the government can do and undo irrespective of legal requirements can only discourage private investors. I further fear that if Ebonyi succeeds in muscling…

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Opinion: It’s time to adopt an alternative privatization model

by Akintola Omigbodun A situation in which AMCON will have to take over from the banks at a future date any bad loans granted to the electric power sector must…

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Edo, Delta, Ondo and Ekiti lost power bid because they cheated – Atedo Peterside

by Rachel OgbuPicture: The Punch The four states said to have invested in power production have failed in their combined attempt to make their preferred power distribution bidder – Southern…

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PHCN privatisation weighed down by 300 court cases and N500 billion claims

by Stanley Azuakola Nigeria's president, Goodluck Jonathan has made no pretences about his desire to ensure that Nigerians begin to enjoy regular power supply while he is president. In line…

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Why Barth Nnaji had to go – President Jonathan

by Stanley Azuakola In Anambra State yesterday, President Goodluck Jonathan validated the position of the ex-minister of Power Barth Nnaji that he did not resign because of any wrongdoing. Nnaji…

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Why I resigned – Barth Nnaji

by Stanley Azuakola Barth Nnaji — Nigeria’s Minister of Power until yesterday — has explained the reason for his surprise move to resign from the federal cabinet yesterday. According to him, he…

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