L
LequteMan
Guest
The Power Holding Company of Nigeria, PHCN will be handed over to private investors on September 21, 2013.
The privatization is expected to add at least $2 billion to the pocket of the Federal Government.
The Director-General of the Bureau of Public Enterprises, Mr. Benjamin Dikki said this in an interview in Abuja.
He said the investors can see a clear investment horizon and that they don’t have to lobby anybody. All they need is to meet the technical requirement and apply for a license at the regulatory authority.
He said the company will be handed over to whoever pays earlier and they can start operation.
The privatization is expected to add at least $2 billion to the pocket of the Federal Government.
The Director-General of the Bureau of Public Enterprises, Mr. Benjamin Dikki said this in an interview in Abuja.
He said the investors can see a clear investment horizon and that they don’t have to lobby anybody. All they need is to meet the technical requirement and apply for a license at the regulatory authority.
He said the company will be handed over to whoever pays earlier and they can start operation.