Thursday, September 27, 2012

Power: Consortium denies link with IBB

Barely 24 hours after the Bureau of Public Enterprises (BPE)conducted bids for the Power Holding Company of Nigeria (PHCN), one of the preferred bidders, North South Power Company Limited, yesterday condemned the news linking former military President, General Ibrahim Babangida, with it.

In a statement made available to The Nation yesterday, the management said the consortium was neither backed nor sponsored by the former president as widely reported in the media.
The statement, signed by Dr. Olubunmi Peters on behalf of the management, listed four companies registered in Nigeria and another one registered in theUS as well the Niger State Government, as members of the consortium.
The companies are XS Energy Limited (Nigeria), BP Investment Limited (Nigeria), Urban Shelter Limited (Nigeria), Transatlantic Development and Investment Company (United States), Roads Nigeria Plc (Nigeria), and Niger State Government.

1 comment:

Anonymous said...

Hi guys, it that time of the month to celebrate our dear country, Nigeria and what better way to celebrate it than with a conspicuous mention in the Guinness Book of records.

Yep, Ecole de Dessin put Nigeria in the world map by creating the largest painting in the world.
Check out The Guinness Book of Records 2011, 2012 and 2013 for the entry of the Largest Painting by numbers and this painting is on exhibition at the Methodist Boys High School, Victoria Island from October 1 to October 12, 2012. Come over and view the painting that made history. Now, aren’t you proud to be a Nigerian?

Check for more info

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