Gas shortages stall N1.064tn power plants sale

18 June 2015, Abuja – Nigeria’s privatisation of 10 independent power plants that could fetch up to $5.6bn (N1.064tn) is stalling due to a lack of gas supply, the Chief Executive of Aiteo Power and Gas, Mr. Ransome Owan, has said. The Federal Government broke up its monopoly on power generation and distribution by privatising […] More »