FG Approves 100% Acquisition of Afam Genco Shares

The Federal Government has granted approval to three consortia to participate in the financial bids opening for the acquisition of 100 per cent shares in Afam Electricity Generation Company.

A statement by Amina Othman, Head, Public Communications, Bureau of Public Enterprises (BPE) on Monday in Abuja, said that the National Council on Privatisation (NCP) gave the approval after its first…

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