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Press Release

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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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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9 Firms To Verify NIPOST Properties Nationwide

Nine firms have been approved by the National Council on Privatisation (NCP) under the Chairmanship of the Vice President, Professor Yemi Osinbajo (SAN) to immediately  carry out a nationwide verification of NIPOST Properties & Development Company Limited. The firms which are divided into the six-geo-political zones of the country are, Oghogho Ayanru, Raji Adewale Associates, …

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NCP Approves MESL As Preferred Bidder For Zungeru Hydroelectric Power Plant

  Also Approves Merger of Egbin Power Plant With KEPCO The National Council on Privatisation (NCP) has approved Mainstream Energy Solutions Limited (MESL) as the preferred bidder for the concession of the Zungeru Hydroelectric Power plant (ZHPP) for a fee of $USD70,000,000.25 per year for a period of 30 years. The Council, chaired by the …

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2022 Pink Awards: Alex Okoh Is Public Administrator Of The Year

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has emerged the Public Administrator of the Year at the 2022 Pink Awards organised by La Veronica Magazine. Presenting the Award to the Director General who was represented by the Director, Post Transaction Department (PTD) at BPE, Mr. Toibudeen Oduniyi on Saturday, …

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