High electricity costs overwhelm South South, South East businesses guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
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.
Electricity reforms: FG unveils plan to transfer equity to states tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
Reps halt proposed hike of electricity tariff tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
The House of Representatives Thursday, kicked against the transfer of electricity consumption liabilities from old to new residential or industrial customers