The Federal Government on the 5th of July,2022 announced that it had approved the strategy work plan to speed up the concession process for the 700 megawatts Zungeru Hydroelectric Power Plant in Niger State.
It announced this in a statement issued in Abuja by the Head, Public Communications, Bureau of Public Enterprises, Ibeh Chidi, and stated that the approval was given by the National Council on Privatization.
The statement read in part, “The National Council on Privatization at its 3rd meeting for 2022 held at the Presidential Villa, Abuja recently, approved the strategy and workplan to fast-track the concession of Zungeru Hydroelectric Power Plant in Wushishi Local Government Area of Niger State subject to any further development from the Ministry of Power”
Source: Nigerian Investment Promotion Commission
