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Thursday, October 18, 2012

Govs Reject Vigeo’s Emergence as Bidder for Benin Disco

260812F7.Darius--Ishaku.jpg - 260812F7.Darius--Ishaku.jpg

Minister of State for Power, Mr. Darius Ishaku


Chuks Okocha and Chineme Okafor

A looming threat to the power privatisation programme emerged Thursday as three governors whose consortium – Southern Electricity Distribution Company Limited – lost out in the bid for power distribution companies (discos), have opposed the emergence of Vigeo Power Consortium as the preferred bidder for the Benin Distribution Company Limited.
The Benin Disco is one of 11 distribution utilities created from the unbundling of the Power Holding Company of Nigeria (PHCN), and was slated for sale alongside others under the power reform and privatisation programme. See more...

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