Tag Archive | PHCN
FG to reap N197bn from PHCN privatisation
By Clara Nwachukwu & Oscarline Onwuemenyi ABUJA – Six firms have won the bids to operate ten electricity distribution companies across the country, a process which may signal the end of efforts by the Federal government to privatize the successor distribution companies (DISCOs) created from the unbundling of the Power Holding Company of Nigeria (PHCN). […]
Poor PHCN!
In the past 20 years, there have been pressures on the Federal Government to improve the epileptic electricity supply in the country. PHCN has perennially failed to deliver efficient services while corruption among its officials has become a pastime. Except drastic steps are taken, generations unborn might not enjoy stable power supply in the land. […]