Nigerian Government Moves To Sell Power Generating Companies, Invites Bids | Sahara Reporters

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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.

The Nigerian government has announced its decision to sell five power generating companies. 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.

The companies constructed under the NIPP are located in Edo, Kogi, Cross River, Ogun and Ondo states. The five power plants were identified as Geregu Generation Company Ltd with gross installed capacity at ISO condition of 506 Megawatts , Benin Generation Company Ltd with 507 MW, Calabar Generation Ltd with 634MW, Omotosho Generation Ltd with 513MW and Olorunsogo Generation Company Ltd with 754MW.

“In case of a consortium, at least one of the consortium members must be an experienced power generation company .

 

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How can this man rule Nigeria for 8 years, no be juju be that🙆🏾‍♂️

Zoological Republic of Nigeria ENDNIGERIANOWandSAVEBIAFRALAND

This present government shame the shame us, where is Nigeria heading to? From grace to grass? From giant of Africa to the poorest in Africa, God please help the citizens from this bad governance

the last kicck of a dying horse. they already know that it is finished and they want to sell as many thing as possible before the referendum. God no go Shame biafrans. God's promises for us are dependeble!

Why are they not inviting bids to sell Nigeria?

MarkChika94 Selling and borrowing Na this Buhari just don do , no sense

sell the country and give me my own share(portion)

Everything these people criticized, they are doing at the dying minutes: Inviting an external force to fight BH is embarrassing- they are now inviting US. Fuel subsidy is a fraud - we know where we are now… Selling government properties- here we are… Presidential jets nko…

I hope they won't sell Nigeria one day

The incompetent govt will even sell Aso rock. Idiot liability govt

Whoever manages this handle should repent! The kingdom of God is at hand!😂

The thieves have started again. They should call Atiku and his cohorts na. Thieves!

I just pray against the day unknown persons won't come to Aso Rock and tell Baba, baba your rent don expire...

This What They Criticize Atiku for

After you guys wasted the billions on Fashola gimmicks now e no work you are selling🤣🤣🤣

You listening to the zoo government?

I thought NEPA was privatized? there's a lot under this bridge.

This man wants to sell this country before he leaves office

They have sold everything, only the country is left to be sold.

What is remaining that they have not sold?

How many times mbok?

As i type this...... Nigeria is owing china $ 12 trillion.... 😶 Continue wasting ur life praying fur that nation but careful bcus dey might convert u to bcome muslim as dey did in de video share online bcus dey want to make their master ( Saudi Arabia ) happy..🕴

This man leave Nigeria alone for us.. You have nothing to offer

when most Nigerians alleged that Atiku said he 'll sell NNPC for that they sold their vote to God knows who.The same person is now planning to sell more things Infact he has even sold the entire country through borrowing from different nations. Nigerians this is just a start.

To what end exactly..?

Otedola's Geregu too?🤔

Sell the country for ffs, we are tired of headless individual holding sensitive offices.

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