- NNPCL sign a contract with CME and GE to generate 50MW of electricity
- The company expresses interest in acquiring FG’s NIPP plants.
- NNPCL collaborates with BPE for the sale of assets
The Nigerian National Petroleum Company Limited (NNPCL) has signed a contract with China Machinery Engineering Company (CME) and General Electric (GE) to provide 50MW of electricity to Maiduguri, Borno State. NNPCL has expressed interest to participate in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants (NIPPs).
Managing Director of NNPCL, Mallam Mele Kolo Kyari, disclosed this when he led the Oil & Gas Company’s top management team on a courtesy visit to the Bureau of Public Enterprises (BPE) in Abuja. He said the company had the requite expertise and experience to be an active participant in the power sector in Nigeria.
Ibeh Uzoma Chidi, Head, Public Communications of the BPE, said that Kyari stated that as an oil company and enabler organisation, NNPCL is determined to boost power generation and supply to Nigerian homes through increased investment. He revealed the organisation was ready to collaborate with BPE after auditing some of its assets for sales and divestment of those assets through the BPE.
Earlier, the Director-General of the Bureau of Public Enterprises (BPE), Mr Alex A. Okoh, said that the NNPCL had indicated an interest in acquiring some NIPP plants and would be given a level playing ground to compete with other bidders. He added that the National Council on Privatisation(NCP) would be notified of the desire by the NNPCL to bid for the NIPP plants.
The Special Adviser to the President on Infrastructure, Ahmad Rufai Zakari, was part of the courtesy visit.