• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Council approves plan to quicken Zungeru Hydroelectric plant concession

Hydroelectric

The Matters Press by The Matters Press
July 6, 2022
Reading Time: 1 min read
0
Zungeru Hydropower project to engage skilled professionals

The National Council on Privatisation (NCP), has approved the strategy and work plan to fast-track concession of Zungeru Hydroelectricity Power Plant (ZHPP) in Wushishi Local Government Area of Niger.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

This is contained in a statement issued by Mr Chidi Ibeh, Head, Public Communications, Bureau of Public Enterprises (BPE) in Abuja on Tuesday.

Ibeh said the approval was granted at the NCP’s third meeting for 2022 recently held at the Presidential Villa, Abuja.

He said the council noted that the key objectives of the planned concession included leveraging the private sector’s access to finance and reducing reliance on government budgetary allocation to fund the China EXIM Bank loan.

“There is a need to ensure that a timely implementation programme is adopted, hence, a fast-track transaction process is being recommended.”

Ibeh said the approved fast-track transaction process would enable BPE to work with the Joint Technical Committee (JTC) of the NCP to review and address all issues.

He said some of these issues included approvals and regulations needed to proceed to the next phase of the transaction.

Ibeh said the JTC had members drawn from the office of the Vice-President, Accountant-General of the Federation, Ministries of Power, Finance, Budget and National Planning, Water Resources, and BPE.

He said the fast-track transaction plan included a reduced time frame for obtaining approvals for key stages of the transaction process.

“The aim is to get value for the transaction within a short time. This includes Advert for Request for Qualification (RFQ), a shortlist of successful prospective investors, issuance of RFQ and evaluation of technical proposals.

“Others are shortlisting prospective investors for financial bid opening as well as setting a date for the financial bid opening.”

Tags: Hydroelectric
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Nigeria’s new national carrier will kick-off with three planes

Nigeria will have a national carrier in 2022

Trading in Nigerian stock market dips further N83bn

Stock market indices drop by 0.4%

Recommended Stories

Obasanjo campaigns for AfCFTA

Obasanjo campaigns for AfCFTA

June 21, 2019
Fraud in banking sector, mostly insider instigated

NDIC boss blames banks failure on managers

August 11, 2022
Nigerians kick against re-opening of schools as COVID-19 bites harder

Group Commends NELFUND’s Impact in Advancing Student Access to Higher Education

October 17, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us