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Zambian Firm Wants To Buy Part Of Phcn - Business - Nairaland

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Zambian Firm Wants To Buy Part Of Phcn by thenewsman: 9:58am On Aug 26, 2011
CEC will perform its due dillegence this year in preparation for the bidding which begins in Q1 of next year

Zambia's largest supplier of power to the mines, Copperbelt Energy Corporation (CEC) , plans to bid for a stake in a Nigerian state power company that is scheduled for privatisation, a senior executive said on Thursday.

Africa's most populous nation of more than 140 million is the continent's biggest oil and gas producer but is blighted by persistent electricity outages. It plans a multi-billion dollar privatisation of its power sector to improve efficiency.

Read More >> http://dailytimes.com.ng/article/zambian-firm-wants-buy-part-phcn
Re: Zambian Firm Wants To Buy Part Of Phcn by Greenpro: 10:06am On Aug 26, 2011
This privatisation of government corporation is caused by the lazy attitude to work, corruption and inefficency of government workers to make things to work.

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