Nigeria: Gas Supply Hiccups Stall Power Stations Sale - BPE

Gas supply challenges, has emerged as a hindrance to the sale of about 10 plants constructed under the National Integrated Power Projects to the Private sector the Bureau of Public Enterprises has said. The \power stations were owned by three tiers of government and built by Niger Delta Power Holding Company OF Nigeria (NDPHC)

The Head, Public Communications, BPE, Mr. Chigbo Anichebe, who confirmed the development in Abuja over the weekend said that BPE had not been able to sign Share Purchase Agreements with the prospective core investors in the power plants as a result of the failure to secure Gas Supply Agreements for the plants.

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