ekt_bear:

All I can say is a big hell no to Dangote owning any of the distribution companies in the SW.

Do the states involved get a say in who buys the assets covering that state?

Kilode?!:

Politically? maybe. As per how Naija is structured? NO!

We practice Pseudo-Federalism. The states have no power except the Center gives it to them. In Nigeria, FG is God.

If Dangote can make the Company work and the Government can regulate against monopoly and sharp practices, I won't care really.

ekt_bear:

The problem I have with Dangote being one of the buyers is that he has already abused monopolies he has had in the past.

So what happens if he gains an additional monopoly on electricity distribution? He'll use his usual government-aided tricks to gouge customers.

Granted, anyone who buys might be able to do this. But it seems to me you want to avoid someone who has taken advantage of the system already.

Also, what prior experience does this guy have in power distribution anyways? I'd rather have someone with a track record.

YoungBrain:

No to Dangote
No to anything Indian

Lets look elsewhere to get a more favourable deal for Nigeria

saintohia:

Run 4m Indian firm & Dangote for power stability, as we speak Indian govt. is about 2 sentence some guyz 4 life parole b/c of corruption issue.

1.We shld do anything 2 stop any Indian company 4m energing, they're crooks & highly corrupt like some Nigerians.

Listen: the reason Ajaokuta Steel Company, International Glass Idustry, Aba  are not functional are Indians, I don't want to go into Churchgate in Aba also where they moved all originals machines to India & replaced them with scrap. Combining an Indian company with Nigerian backgroung wld cause more problems 4 us than solve the power issue.

2. Dangote wld make power 4 0r 5 times more expensive tha it shl be. Once Dangote emerges, he wld be running the powe sector in a way that even Nigerian govt. wld see Nigerians suffer or pay through their nose for power but wldn't have the machinery to stop or regulate him. If Nigerian Govt. seriously want 2 solve power / electricity issue in Nigeria once & 4 ever, they shldn't involve any Indian firm or Dangote.

Fresh facts have emerged over the identity of some of the 525 firms that were prequalified last week by the Bureau of Public Enterprises to take part in the next stage of the process for the privatisation of successor companies created from unbundling of the National Electric Power Authority - the precursor to Power Holding Company of Nigeria.

Investigations revealed that for the thermal (gas powered) generating stations, some of the prequalified bidders include AES Nigeria Barge Limited belonging to the Lagos State Government, and Korea Electric Power Corporation (KEPCO).

In a separate transaction, KEPCO [/b]in conjunction with [b]Sahara Energy, a leading integrated energy company in Nigeria, formed a joint venture - KEPCO-Energy Resources Limited (or KERL consortium) in 2006 - and is already in advanced negotiations with the BPE for the acquisition of the 1,320MW Egbin power station in Lagos.

Another company that was prequalified to bid for the thermal generation companies is Abu Dhabi National Energy Company, while Dangote Industries Limited, featured on the list of bidders prequalified to bid for hydro generating companies.

Dangote Industries, belonging to business mogul Aliko Dangote, is believed to have expressed interest in acquiring controlling interest in the 600MW Shiroro Hydroelectric power station located in the Shiroro Gorge along the Kaduna River in Niger State.

For the distribution companies, companies revealed to have been shortlisted by the BPE include Hneso Energy Consortium; Israel Electric Corporation/Integrated Power Connect Projects; Oando Consortium; Tata Power Company; North Delhi Power Limited; and China Southern Power Grid Limited.