Nigeria power privatisation bidders complete payments

ABUJA (Reuters) - Nigeria's President Goodluck Jonathan said on Monday that bidders for state electricity assets had completed payments, clearing a major hurdle in a privatisation scheme meant to end the country's chronic power shortages. Bidders had until last Thursday to pay the remaining three-quarters of their bids to meet the deadline. Some did, but complications such as labour issues had ...
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Added August 27, 2013
from Yahoo Nigerian News