Economy Energy

House opposes sale of five power plants

By Msugh Ityokura, Abuja House of Representatives, yesterday, directed the Bureau for Public Enterprises (BPE) to stop the sale of five Niger Delta Power Holding Companies (NDPHC) generation plants. The facilities up for auction, according to the lower legislative chamber, are located in Calabar, Cross River State; Ihorbor, Edo State; Olorunsigbo; Omotosho and Geregu, Kogi […]

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Business Economy Energy

Stakeholders laud DisCos takeover, knock regulators for sector’s woes

By Kingsley Jeremiah, Abuja   • ‘Power supply won’t progress without takeover of DisCos, poor GenCos’ • Tsavsar: Blame government for power sector woes. Nigerians are gradually inching towards the moment of anagnorisis as bank-backed reforms in the nation’s electricity distribution companies (DisCos) are revealing the true state and regulatory gaps among the Bureau of Public Enterprise […]

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