Nigeria: Government Ratifies Sale of PHCN Successor Firms to Emeka Offor, 13 Others, Amid Controversies

[Premium Times]The Federal Government on Friday ratified the sale of Enugu Distribution Company to Interstate Electric Limited. The government also ratified the sale of the other 11 power distribution companies (DISCOs) and three of four power generation companies (GENCOs),finally bringing to a close the privatization of successor companies of the Power Holding Company of Nigeria (PHCN).

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