Adedayo Akinwale
The Coalition of Northern Groups (CNG) has kicked against the privatisation of the Niger Delta Power Holding Company (NDPHC), describing it as part of the several schemes to cripple the North economically by shortchanging it in the process.
The spokesperson of the group, Mr. Abdul-Azeez Suleiman, stated this yesterday while addressing a press conference in Abuja, saying the planned privatisation of Calabar, Ihovbor, Olorunsogo and Geregu Power Plants by NDPHC would be resisted by the North.
He said having studied the proposal carefully, “CNG has concluded that it was the most dubious, unreasonable and unacceptable act of injustice that is being perpetrated against Nigerians collectively and northerners in particular.”
NDPHC: Coalition of Northern Groups, others kick against planned privatisation of five power plants
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How relevant is NDPHC in current power dispensation? The Punch
Published 6 July 2021
The Federal Government incorporated the Niger Delta Power Holding Company Limited as a limited liability company owned by the three tiers of government in Nigeria, namely, the Federal Government, states, and local government areas, to serve as the legal vehicle to intervene in the power sector through direct provision of infrastructure facilities to bring an immediate remedy to the power supply gap being experienced in the country. This included the establishment of generation facilities in order to reduce the power deficit as well as the provision of evacuation and distribution facilities to aid the process of stabilising the power supply value chain.
NIPP sale: BPE ignores Reps, NNPC bids for power plants The Punch
Published 6 July 2021
The Bureau of Public Enterprises on Monday assured prospective power investors that the five National Integrated Power Plants put up for sale would go on as planned despite calls for its suspension by the House of Representatives.
Also, documents sighted in Abuja on Monday showed that the Nigerian National Petroleum Corporation had submitted Expression of Interest to the BPE to acquire the five NIPPs though NNPC Gas and Power Investment Company Limited.
On July 1, The PUNCH reported that the House of Representatives asked the Federal Government to suspend plan to sell the NIPPs owned by the Niger Delta Power Holding Company Limited until the lingering issues on the ownership of the firm were resolved.
• Electricity workers threaten strike over planned sale of TCN
The Federal Government has assured prospective power investors that the five National Integrated Power Plants (NIPPs) put up for sale will go on as planned.
Director General of the Bureau of Public Enterprises (BPE), the agency overseeing the privatisation of the five plants, Mr. Alex A. Okoh, told reporters in Abuja, yesterday, that the move was in line with the bureau’s 2021 work plan as approved by the National Council on Privatisation (NCP) and would be strictly adhered to.
The plants are: Benin Generation Company Limited at Ihovba, Edo State; Calabar Generation Company Limited, Cross River State; Geregu Generation Company Limited, Kogi State; Olorunsogo Generation Company Limited, Ogun State; and Omotosho Generation Company Limited, Ondo State.
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