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Fed Govt: no plans to privatise TCN


Fed Govt: no plans to privatise TCN
Oluwatomisin Amokeoja
The Federal Government is not planning  to privatise the Transmission Company of Nigeria (TCN).
The Bureau of Public Enterprises (BPE) Director of Energy, Mr. Yonana Malu made this known to reporters in Abuja yesterday.
The plan, according to him, is for the government to retain its ownership and concession a segment of the transmission.
He added that the plan is to reform the entity through concessioning to make it more efficient.
TCN is for reform, he said, stressing: the “government is not thinking of privatising. It is thinking of ways and means that private capital can be brought to the transmission company without giving out the ownership of the transmission company. ....

Abuja Federal Capital Territory , Alex Okoh , John Ofikhenua , Yonana Malu , Nigerian National Petroleum Corporation , Bureau Of Public Enterprises , Transmission Company Of Nigeria , Electricity Distribution Companies Discos , National Integrated Power , Dangote Petroleum Refinery , Federal Government , Transmission Company , Public Enterprises , Distribution Companies , Integrated Power Projects , Zungeru Hydro Power Plant , கூட்டாட்சியின் மூலதனம் பிரதேசம் , நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம் , பணியகம் ஆஃப் பொது நிறுவனங்கள் , பரவும் முறை நிறுவனம் ஆஃப் நைஜீரியா , மின்சாரம் விநியோகம் நிறுவனங்கள் டிஸ்கோக்கள் , தேசிய ஒருங்கிணைந்த பவர் , கூட்டாட்சியின் அரசு , பரவும் முறை நிறுவனம் , பொது நிறுவனங்கள் , விநியோகம் நிறுவனங்கள் ,

How relevant is NDPHC in current power dispensation?


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. ....

Niger Delta , Nigeria General , Ogun State , Edo State , Bayelsa State , Kogi State , Cross River , Ondo State , Delta State , Ayobami Adekunle , Presidential Power Initiative , Omoku Generation Company Ltd , Transmission Company Of Nigeria , Central Bank , Geregu Generation Company Ltd , Gbarain Generation Company Ltd , World Bank Distribution Intervention Programme , National Integrated Power , Distribution Companies , Calabar Generation Company Ltd , Alaoji Generation Company Ltd , Power Holding Company Of Nigeria , National Bulk Power , National Assembly , Egbema Generation Company Ltd , Ogorode Generation Company Ltd ,

Suspend Niger Delta power firm sale, Reps tell FG


Suspend Niger Delta power firm sale, Reps tell FG
The Punch
Published 1 July 2021
The House of Representatives has asked the Federal Government to suspend plans to sell the Niger Delta Power Holding Company Limited’s power plants until the lingering issues on the ownership of the firm are resolved.
The House also mandated its Committees on Power; and Privatisation and Commercialisation to investigate the planned sale of the plants owned by the NDPHC.
At the plenary on Thursday, the House unanimously adopted a motion of urgent public importance moved by Musibau Kolawole on the need to investigate the planned privatisation of the NDPHC. ....

Musibau Kolawole , Niger Delta Power Holding Company , Bureau For Public Enterprise , National Assembly , National Integrated Power , Federal Government , Niger Delta Power Holding Company Limited , Allied Matters Act , National Council , Excess Crude Oil Account , Public Enterprise , Cross River , Privatisation Act , நைஜர் டெல்டா பவர் வைத்திருத்தல் நிறுவனம் , பணியகம் க்கு பொது நிறுவன , தேசிய சட்டசபை , தேசிய ஒருங்கிணைந்த பவர் , கூட்டாட்சியின் அரசு , நைஜர் டெல்டா பவர் வைத்திருத்தல் நிறுவனம் வரையறுக்கப்பட்டவை , கூட்டணி விஷயங்கள் நாடகம் , தேசிய சபை , அதிகப்படியான கச்சா எண்ணெய் எண்ணுதல் , பொது நிறுவன , குறுக்கு நதி ,