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Nigeria: Electricity - FG Borrows U.S.$1.6 Billion From China Bank, Others
Vanguard, 27 August 2013
Minister of Power, Prof. Chinedu Nebo, yesterday, said the investments recorded in the telecommunication sector since the introduction of the mobile telephone services in the… Read more »
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Nigeria: Power - FG Approves Take-Over By Investors
Vanguard, 27 August 2013
The Federal Government has given the nod for the preferred bidders to take full possession of the 15 Power Holding Company of Nigeria, PHCN successor companies, following… Read more »
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Nigeria: Govt Rakes in N304 Billion From Sale of Power Assets
This Day, 27 August 2013
An estimated N304.82 billion ($1.957 billion) was paid into the coffers of the federal government last week when 14 of the preferred bidders who won the bids for the successor… Read more »
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Nigeria: Govt Borrows U.S.$1.6 Billion to Expand Power Transmission
Vanguard, 26 August 2013
Minister of Power, Chinedu Nebo Monday said the investments recorded in the telecommunication sector since the introduction of the Mobile Telephone services in the country would be… Read more »
Nigeria Obtains Loans to Develop Energy Plan
Energy Minister Chinedu Neboe has assured Nigerians that the country is receiving substantial funding from various sources, including the Exim Bank of China, to bring reforms to the energy sector.
InFocus
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The federal government has short-listed 386 consortia for the various power plants across the country. Read more »
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American energy giant General Electric has signed a deal with the government to invest U.S.$1 billion in the country over the next five years. Read more »
