Browsing: Bureau of Public Enterprise

Mkpoikana Udoma Port Harcourt — Economists under the aegis of Institute of Chartered Economists, ICEN, have petitioned the Inspector-General of Police, Muhammed Adamu, over the refusal of the Bureau of Public Enterprise, BPE, to adhere and implement the Supreme Court judgment on Aluminium Smelting Company of Nigeria, ALSCON. ALSCON a $3.2billion plant located in Ibekwe,

The Multilateral Investment Guarantee Agency (MIGA) will provide $1.4 billion in the form of equity and debt for gas and solar power programmes. These would be in addition to the $2.5 billion loan the country is seeking from the World Bank to help improve the distribution of power, expand transmission-capacity as well as increase access to electricity in rural areas. These bring the sector international facility quest to a total of $5.2 billion.