Anyim Pius Anyim and Segun Aganga
The much anticipated privatization of the Power Holding Company of
Nigeria (PHCN) should be completed within two weeks. This is the
assurance of the Federal Government, as declared by the Secretary to the
Government of the Federation, Chief Anyim Pius Anyim yesterday in
Lagos.
Chief Anyim who was in Lagos to unveil the Centenary document and
project, expressed optimism that the Nation will witness remarkable
improvement in the power sector with the privatization process underway.
He said “In the next two weeks, power generation and distribution
will leave the government into private hands, as plans have been
concluded to handover PHCN to new investors”.
On the Centenary (100 years of Nigeria’s existence) celebration which
will start from this month till October 1,2014, Senator Anyim said “
The Successes of cities like Dubai, Monaco, Shenzhen, Singapore and
Songdo, have shown that development of certain class of cities is the
strongest social, political and economic tool to securing foreign
investment, promoting positive international attention, and indeed
signalling a new national economic awakening.”
He said the Federal Government was planning to provide the private
sector partnership with 1,000 hectares of land along the Abuja Airport
road, for a city that will be built from scratch to attract about $15
billion investment into the country, when completed.
BusinessNews
No comments:
Post a Comment