The Senate has asked the National Council on Privatisation and the Bureau of Public Enterprise to suspend indefinitely the proposed concession of the 700 megawatts Station in Niger State.
The upper chamber is requesting the deferment of the planned concession after lawmakers debated a motion sponsored by the Chairman of the Senate Committee on Power, Gabriel Suswam, who explained that it will be unacceptable to concession the power plant without ensuring accountability and proper management of unsettled external loans tied to the project.
The federal lawmakers agreed that it should be suspended pending the conclusion of an investigation by its committee on power.
The upper chamber adopted two resolutions: mandated the Committee on Power to investigate the circumstances under which the Zungeru Hydroelectric Power Plant is being concessioned as well as urged the National Council on Privatization and the Bureau of Public Enterprise to suspend indefinitely the proposed concession.
