Nigeria: FG Spent N521 Bn On Power Sector in 8 YRS - PHCN

11 July 2007

Minna — THE Power Holding Company of Nigeria (PHCN) says the Federal Government spent a total of N521 billion ($4.07 billion) on electricity supply between 1999 and 2007.

Of the amount, the PHCN said it received N264 billion ($2.06 billion) while the National Integrated Power Projects (NIPP) and Niger Delta Power Holding Company Plc (NDPHC) got N257 billion ($2.01 billion) respectively.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.