BREAKING: FG selects Transcorp Power as preferred bidder for Abuja DisCo

Nigeria’s federal government has approved Transcorp Power as the preferred bidder for the Abuja Electricity Distribution Company (AEDC).

Vice-President Yemi Osinbajo disclosed this on Tuesday at the commissioning of the Afam 3-fast power plant in Oyigbo LGA, Rivers state.

“At the meeting of the National Council on Privatisation (NCP), the council approved Transcorp Power consortium as the preferred bidder of the acquisition of the Abuja Distribution Company,” he said.

More to follow…