FG sells Afam power plants to Transcorp, expects N134bn investment

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Vice President Yemi Osinbajo says Transcorp Consortium has acquired Afam Power Plc and Afam Three Fast Power Limited and has committed to investing $350 million

He noted that that was an indication that the main objective of developing a power sector that will steadily deliver quality service and sustain itself is on track.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is this the new money revenue plan now from borrowing to selling asset all money to be looted in no time

Shame of our corrupt government

Selling product of 16 years of waste.

Who gets the payment and what will it be used for

Wow!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines