Nigeria Union of Petroleum and Natural Gas Workers, NUPENG,
has accused BPE of shady deals aimed at allowing cronies and fronts of the
powers that be to buy up the PHCN companies at ridiculous prices. NUPENG made
this accusation less than 24 hours after the Bureau of Public Enterprises, BPE,
released names of companies that bidded for the Power Holding Company of
Nigeria, PHCN’s, 11 distribution companies,
NUPENG in a statement asked President Goodluck Jonathan to
immediately intervene in the process by prevailing on the BPE and the Federal
Ministry of Power to extend the time for bidding to allow other interested
parties and Nigerian investors to participate. The union believes that the
closure of the bids is to allow the cronies and front men of the powers that be
to buy up the PHCN companies at ridiculous prices.
NUPENG, therefore, called on the Federal Government to
intervene quickly in the closure of the bidding by prevailing on the BPE and
the Federal Ministry of Power for an extension of time to allow other
interested parties and Nigerian investors to participate in the bidding.
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