Electricity Crisis: Governors Reject Sale Of 10 Power Plants

In a communique, the NGF said its lawyers have taken steps to prevent the Federal Government from selling 10 National Integrated Power Projects (NIPPs).

The communiqué was issued yesterday at the end of the teleconference held on Tuesday by the governors. It was signed by NGF Chairman and Sokoto State Governor Aminu Tambuwal.

The governors also insisted that the dispute over the planned payment of $418 million Paris Club refund fee by the Federal Government to some consultants be left for the court to resolve.

The NIPPs in contention were not listed by the governors.

But in April 2021, the National Council on Privatisation (NCP) approved adoption of a fast-track strategy for the privatisation of five power plants.

They are Geregu, Omotosho, Ihovbor, Olorunsogo and Calabar power plants.

The government-run Niger Delta Power Holding Company (NDPHC) – a power generation and distribution company, oversees the implementation of the NIPPs.

The 10 stations undergoing privatisation processes are: Benin Generation Company Limited; Calabar Generation Company Limited; Egbema Generation Company Limited; Gbarain Generation Company Limited; Geregu Generation Company Limited; Ogorode Generation Company Limited; Olorunsogo Generation Company Limited; Omoku Generation Company Limited; Omotosho Generation Company Limited and Alaoji Generation Company Limited.



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