Contrary to several media reports, the Transmission Company of Nigeria (TCN) will not be sold by the Nigerian government, a statement released on Wednesday by the Federal Government has shown. There have
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The Director-General of government agency, Bureau of Public Enterprises (BPE), Alex Okoh, has criticised comments by the sacked owners of Benin, Kano, Kaduna and Ibadan Distribution Companies (DisCos). Last week, Fidelity Bank
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Fidelity Bank has taken over three electricity distribution companies (DisCos) in Kano, Benin and Kaduna, and changed the management of the firms over debt. The company temporary takeover will result into a
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The World Bank has said that the Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity.
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