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FG hands over Zungeru power plant to concessionaire

The Federal Government on Tuesday officially transferred operations of the Zungeru Hydroelectric Power Plant to Penstock Limited, a subsidiary of Mainstream Energy Solutions Limited, which it selected in February 2023. Tuesday’s move is expected to “boost Nigeria’s power generation capacity and contribute significantly to meeting the country’s growing energy demands,” a statement signed by the …

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Senate Supports Concession Of Zungeru Hydroelectric Project

The Senate Committee on power and the federal ministry of power have agreed on the concession of the 700 Megawatts Zungeru Hydroelectric Power project.   The Senate Committee on power and the federal ministry of power have agreed on the concession of the 700 Megawatts Zungeru Hydroelectric Power project. Addressing the senate committee on power chaired …

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PHC EX-STAFF VERIFICATION EXCERCISE

THE PRESIDENCY BUREAU OF PUBLIC ENTERPRISES SECRETARIAT OF THE NATIONAL COUNCIL ON PRIVATISATION The Bureau of Public Enterprises hereby notifies the General Public that the verification exercise for the payment of the agreed 16-month Severance benefits to the bona-fide ex-staff of the defunct PHCN including certified Next-of-Kin (NOK) who were in service between 1st July …

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NITEL /MTEL PROPERTY IN LAGOS SOLD TO LAGOS STATE GOVERNMENT

The National Council on Privatisation, (NCP) has approved the sale of a NITEL/MTEL Property located at   number 3-5, Moloney street, Tafawa Balewa Square, Onikan, Lagos The property was one of those listed for sale by the Liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion Naira only. Meanwhile, the property is presently encumbered …

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