FG to Divest from 10 Gas-powered NIPPs - THISDAYLIVE

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FG to Divest from 10 Gas-powered NIPPs

The federal government is to divest from the 10 newly-constructed gas-powered National Integrated Power Projects located across the country, the Bureau of Public Enterprises has stated.

Speaking at the Nigerian Investment Showcase at Guildhall, London, United Kingdom , Okoh listed some of the sectors as telecoms, pension and seaports.sector, for instance, has achieved almost 100 per cent teledensity with over 192 million connected lines, while over 146 million lines have been active as at May 31, 2015 and over 40 telecoms licensed in the country.

On pension reforms, Okoh noted that 6.2 million contributors were registered from 180,586 employers as at October 2012, while 55,904 retirees currently receive their monthly pensions as and when due with the

 

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