The Future Group (TFG), an advocacy association, has called for a halt in the proposed sales of five of the National Integrated Power Project (NIPP) power plants.
The Bureau of Public Enterprise (BPE), Alex Okoh, had announced bidders for the plants recently.
According to the chairman, Patrick Philip, the group drew the attention of the federal government to the dangers of the sales.
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The group in a statement noted that the NIPPs was established in 2004 as an intervention that aimed to improve government funding in the critically ailing electricity sector. However, 18 years past the project launch, there are contending conversations surrounding the federal government’s proposed sale of five NIPPs.
It noted the objection of the House of Representatives to the sale of the five power plants located in Geregu, Omotosho, Olorunsogo, Calabar and Benin-Ihovbor, through BPE, which has as of 2022 gulped about $7.875 billion.
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