Privatisation is set to boost the nation’s revenue profile in the 2013 fiscal year by a minimum of $2.42bn, EVEREST AMAEFULE writes
The Federal Government is expected to make a minimum of $2.5bn (about N51.68bn) from the ongoing privatisation transactions this year.
The bulk of the money will come from the sale of companies carved out of the Power Holding Company of Nigeria.
Already, the potential core investors in 15 of the successor power companies had paid $559.45m into the coffers of Federal Government by Thursday last week.
The amount represents only 25 per cent of the total sum, which the Federal Government is expecting from the sale of the 15 power companies.
The potential core investors are expected to pay another $1.68bn within the nex six months.
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