Nigeria News App

Join NN App My Account
Stats: 469 members, 3,228 topics. Date:   Tue, 19 2019 at 05:03 pm
For more please contact us @ [email protected]

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending : Sokoto Plans Emir Kano Sultan Cupp Buhari
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

Rivers govt terminates sale of state-owned power plants

By - - [General ]


Rivers State Government has approved the termination of the contract for the sale of its 70-percent equity in the state government-owned power generation assets held by First Independent Power Limited in Omoku, Afam, Trans-Amadi and Eleme Gas Turbines to NG Power-HPS Limited.

The state government also terminated the concession of the Rivers and Bayelsa state-owned Olympia Hotel to Cenpropsaroten Hotel Management Limited.

Also, the state government further terminated the concession agreement between it and Kild Concession Limited in respect of the construction of a toll road and secondary developments in Abonnema Wharf, Port Harcourt.

These were parts of the resolutions at the state Executive Council Meeting presided over by Governor Nyesom Wike, at the Government House, Port Harcourt.

The three companies that had their contracts/concessions terminated were subsidiaries of Sahara Energy Limited.

Briefing journalists after the meeting, Information and Communication Commissioner, Emma Okah, said that the state government arrived at the resolutions in line with yet-to-be implemented recommendations of the White Paper on the report of the Judicial Commission of Inquiry for the investigation of the administration of Governor Chibuike Amaechi on the sale of valued assets of Rivers State and other related matters under the chairmanship of Justice George Omereji.

The state government directed the Attorney General of the state to take further steps as contained in the White Paper.

https://sunnewsonline.com/rivers-govt-terminates-sale-of-state-owned-power-plants/


Like .

Others are reading


17 Comments Nigeria News
Kolatunmy• 3 months ago
Ok
Reply
Sayolara• 3 months ago
Hmmm
Reply
innkayobami• 3 months ago
Noted
Reply
iammicharles• 3 months ago
Hmmmm
Reply
Irphilippe• 3 months ago
Ok
Reply
Abiodun• 3 months ago
Ok
Reply
Olite1996• 3 months ago
alright
Reply
Iyamahsolomon• 3 months ago
ok
Reply
Raymond• 3 months ago
Ok
Reply
Nwoguemmanuel77• 3 months ago
Ok
Reply
Fatimabello• 3 months ago
Umm
Reply
Abdulrazaqmtanko1• 3 months ago
Ok
Reply
yetty031009• 3 months ago
Ok
Reply
Danson92• 3 months ago
Ok
Reply
ANOINTING• 3 months ago
Coded
Reply
olakunle031009• 3 months ago
Ok
Reply
Iamajtofunmi• 3 months ago
Ok
Reply

(Go Up)

Have a news to share? Contact Email: [email protected]

NIGERIA NEWS APP (https://www.nigerianews.app) is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.


© 2018 - Nigerian News App.