FG Moves to Overhaul State-Owned Enterprises with New Governance Scorecard
The Ministry of Finance Incorporated (MOFI) has formally terminated the Power of Attorney (PoA) granted to the Bureau of Public Enterprises (BPE) in the 11 Electricity Distribution Companies (Discos), directing that henceforth, equity interests of the Federal Government of Nigeria (FGN) in all electricity successor companies be restored, held and treated by it.
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