Wednesday, 26 September 2012
BABANGIDA BUYS PHCN
The following are some people who profited from this deal
IBRAHIM BABANGIDA, former military dictator bought the Shiroro power plant for 23.6 million dollars
the now infamous FEMI OTEDOLA was the reserve bidder for the Geregu power plant at 132 million dollars.
Others in the lucky few include MR TONY ELUMELU, JULIUS BERGER LTD and FIRSTBANK PLC, who operated through consortiums.
Well lets see what this change will bring.