New owners to invest N288bn in power firms

The Bureau of Public Enterprises has said that the electricity distribution companies handed over to private investors last Friday are required to invest about $1.8bn (about N288bn) as capital expenditure over the next five years to attain efficiency and meet the required capacity. The Director-General, BPE, Mr. Benjamin Dikki, who gave this indication in Lagos... 
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Added November 05, 2013
from The Punch News