The National Council on Privatization (NCP)
chaired by Vice President, Sen. Kashim Shettima has approved the completion of the concession of the 700MW Zungeru Hydroelectric Power Plant and particularly directed the opening of a dedicated account at the Debt Management Office for the payment of the concession fees by the concessionaire.
Vice President Shettima directed the CBN governor to commence the opening of the account at the Debt Msnagment Office (DMO) as proposed by the Bureau of Public Enterprises (BPE), according to a statement signed by the Senior Special Assistant to The President on Media & Communications office of the Vice President, Stanley Nkwocha.
Present at the meeting at tge presidential Villa, Abuja were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; CBN Governor, Dr Yemi Cardoso.
