The BPE opened the bids for 11 distribution companies
The Integrated Energy Distribution & Marketing Limited, believed to be owned by former Head of State, Abdusalam Abubakar, has been declared the preferred bidder for four distribution companies (DISCOs).
The company won bids for the Yola Distribution Company, Ibadan Distribution Company, Eko Distribution Company, and Ikeja Distribution Company.
The Bureau of Public Enterprises, BPE, Tuesday, organised the formal commercial bids opening for 11 distribution companies.
Integrated defeated Honeywell Energy Resources International Limited, owned by Oba Otudeko; and Oando Consortium, headed by, Wale Tinubu, to win the bid for Eko DISCO.
More details later