• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FG Approves Completion Of Zungeru Hydroelectric Power Plant Concession

by Leadership News and Jonathan Nda-Isaiah
2 years ago
in News
Nigeria
Share on WhatsAppShare on FacebookShare on XTelegram

In a bid to ensure better service delivery in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu administration, the National Council on Privatization (NCP) has set up an ad hoc committee to fast-track the restructuring and resuscitation of the Bank of Agriculture (BOA).

Advertisement

The Vice President, Kashim Shettima, who chaired the maiden meeting of the reconstituted NCP at the Presidential Villa, Abuja, emphasised the importance of the tasks before the new Council, particularly the rejuvenation of BOA, among others.

Speaking after the presentation of the agenda and matters arising by the Director General of the Bureau of Public Enterprises (BPE), Dr Alex Okoh, the VP in a statement by his spokesman, Stanley Nwocha, listed the composition of the ad hoc committee, saying a lot will depend on the decisions of the Council in the months ahead.

“We have to make some far-reaching decisions on the restructuring of the Bank of Agriculture because the bank will be critical to the realisation of the Renewed Hope Agenda of the Tinubu administration. It is very important for us and for this administration,” he noted.

According to the Vice President, the Finance Minister, Mr Wale Edun, will Chair the ad hoc committee, while members include, Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Atiku Bagudu; CBN Governor, Dr Yemi Cardoso; Rep of the Ministry Of Finance Incorporated (MOFI); Chairmen of the NCP Technical and Legal Committees; a member of the NCP, Alhaji Mohammed Mustapha Bintube, and the DG BPE will serve as Secretary.

RELATED

El-Rufai Condemns Lynching Of 2 Herders In Birnin Gwari

Thugs Who Attacked ADC Meeting In Kaduna Were Gov’t-Sponsored, Covered By Police – El-Rufai

39 minutes ago
JUST-IN: BBNaija Star Phyna’s Sister, Ruth Otabor, Dies After Truck Accident

Dangote Group Mourns Death Of Phyna’s Sister Ruth Otabor

44 minutes ago
ADVERTISEMENT

VP Shettima urged the committee to come up with a roadmap for the resuscitation of the BOA, among other resolutions.

The Vice President had earlier in his opening address set the tone for the deliberations, urging members to take every task seriously. “We will be meeting more frequently because we have to support the President to execute the Renewed Hope Agenda,” he noted.

The Council also approved the completion of the concession of the 700MW Zungeru Hydroelectric Power Plant and particularly directed the opening of a dedicated account at the Debt Management Office for the payment of the concession fees by the concessionaire.

ADVERTISEMENT

Vice President Shettima directed the CBN governor to commence the opening of the account at the DMO as proposed by the BPE.

Yet another major decision taken at the meeting was the ratification of constituted standing committees for the Council, comprising the Technical, Stakeholder Engagement, Finance and Legal committees.

Also approved at the maiden NCP meeting was the 2024 work plan of the Bureau of Public Enterprises (BPE) covering its privatisation activities and participation in international forums to attract interest in the country’s privatisation programme.

Present at the meeting were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; CBN Governor, Dr Yemi Cardoso, and Chairman of the reconstituted Technical Committee, Mr Oye Odukale, among other Council members.


Join Our WhatsApp Channel



SendShare10174Tweet6359Share
ADVERTISEMENT
Previous Post

PICTORIAL: NCP Meets, Approves Agric Bank’s Revamp

Next Post

Kano Amputee Football Team Claims National Championship Title

Leadership News and Jonathan Nda-Isaiah

Leadership News and Jonathan Nda-Isaiah

You May Like

El-Rufai Condemns Lynching Of 2 Herders In Birnin Gwari
News

Thugs Who Attacked ADC Meeting In Kaduna Were Gov’t-Sponsored, Covered By Police – El-Rufai

2025/08/31
JUST-IN: BBNaija Star Phyna’s Sister, Ruth Otabor, Dies After Truck Accident
News

Dangote Group Mourns Death Of Phyna’s Sister Ruth Otabor

2025/08/31
Ahead Of 2027: Wrangling Within PDP Unsettles Atiku, Supporters
News

Reject Rivers LG Polls Conducted By ‘Occupation Govt’, Atiku Tells Opposition

2025/08/31
CNG Initiative Has Unlocked $175m Private Investments, Says Federal Gov’t
News

Tinubu Fair To All Sections Of Nigeria — Minister

2025/08/31
Residents Applaud Mbah, Police Intervention In Enugu Community Killing
News

Police Arrest Man For Alleged Killing Of 5-yr-old Boy In Adamawa

2025/08/31
Ex-Deputy Governor Emerges ADC Interim Chair In Nasarawa
News

ADC Slams Kaduna Police Over ‘Criminalisation’ Of Political Activities

2025/08/31
Leadership Conference advertisement

LATEST

Thugs Who Attacked ADC Meeting In Kaduna Were Gov’t-Sponsored, Covered By Police – El-Rufai

Dangote Group Mourns Death Of Phyna’s Sister Ruth Otabor

Reject Rivers LG Polls Conducted By ‘Occupation Govt’, Atiku Tells Opposition

Szoboszlai Scores Stunner As Liverpool Beat Arsenal 1-0

Tinubu Fair To All Sections Of Nigeria — Minister

Police Arrest Man For Alleged Killing Of 5-yr-old Boy In Adamawa

Martinez Missing In Villa Squad Amid Man Utd Interest

ADC Slams Kaduna Police Over ‘Criminalisation’ Of Political Activities

‘His Reforms Brought Lasting Changes To Police Force’, Tinubu Mourns Ex-IGP Arase

‘Arase One Of Most Resourceful Retired IGPs’, Makinde Mourns

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.