Elumelu, Otedola, others grab PHCN plants


No fewer than $1.62 billion (about N254.39 billion) was placed on the table to enable the Bureau of Public Entreprises, BPE, conclude the long awaited privatisation of six generation companies unbundled from the Power Holding Company of Nigeria, PHCN.
The amount represents various sums of money bidders were requested to pay at different stages from the Expression of Interests, EOIs, from prequalified bidders to the opening of the bids, yesterday. If judiciously utilised

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