The management of Geregu Power Plc earned a rare commendation from the lawmakers in the Senate, as the lawmakers lauded the efforts of the company for meeting the performance target set by the Bureau of Public Enterprise (BPE). At the end of the just-concluded three-day investigative hearing on the power sector recovery plan, the lawmakers […]
The Bureau of Public Enterprises (BPE) on Tuesday delivered an unflattering assessment of the performance of the power sector since it was handed over to new private operators in 2013. The Director-General of the privatisation agency, Alex Okoh, told the Senate Committee on Power during its investigative hearing on the power sector recovery plan that only Transcorp […]
ABUJA – The Forte Oil PLC and new owners of the Geregu Power Plant in Kogi State have invested $94 million in the plant targeting to raise its generation capacity from 414 megawatts to 434 megawatts of electricity. This development was contained in a communiqué issued at the end of the 22nd monthly meeting of […]