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Tag Archives: privatisation

ASUU Strike: Jonathan Calls for Review of Labour Laws

Posted ago by admin

President Goodluck Jonathan on Sunday advocated a review of labour laws to curtail the excesses of the Academic Staff Union of Universities (ASUU) and other labour unions. The President, who made the call during a Presidential media chat in Abuja, …

PHCN Ceases To Exist In Few Weeks – Nebo

Posted ago by admin

The federal government yesterday said  that the Power Holding Company of Nigeria (PHCN) will formally cease to exist once the proposed Transitional Electrical Market (TEM) is declared in few weeks time. Minister of Power Prof. Chinedu Nebo disclosed this in Abuja  …

Severance Package: FG Begins Payment Of PHCN Workers

Posted ago by admin

The Federal Government has commenced the payment of the severance packages of employees of the Power Holding Company of Nigeria in preparation for the conclusion of the privatisation of the power sector. Our correspondent gathered  that the Office of the …

FG targets $10bn annual investment in power sector

Posted ago by admin

President Goodluck Jonathan said Wednesday in Cape Town, South Africa that following the total privatisation of power generation and distribution in the country, his administration expected an annual private sector investment of about $10bn in the sector over the next …