The Nigeria Governors Forum, NGF is to analysis the proposed privatisation of the 10 generating plants across the country under the National Integrated Power Projects, NIPPs, by the Federal Government.
The 36 Governor of the federation announced this in a communiqué issued in Abuja and signed by its Chairman and Governor Kayode Fayemi of Ekiti state at the end of a teleconference.
They made the resolution after receiving a detailed presentation by the Director-General of the Bureau of Public Enterprises, Alex Okoh.
The communiqué added that currently own a total of 53 per cent equity in NIPPs while the Federal Government owns a 47 per cent stake and also decided to set up a committee to scrutinise the Electric Power Sector Reform, EPSRA Bill 2021, which has passed its second reading at the Senate.
The forum said the decision followed a presentation by the Chief Executive of New Hampshire Capital Limited, Odion Omonfoman, on the implications the new bill has for state governments. Governors resolved to set up state polio transition committees to be chaired by each State Commissioner of Health, “to adapt and facilitate the implementation of the transition plan for their respective states
