FG finalises bid process to sell 5 power plants for $1.15bn – Adelabu The Federal Government of Nigeria, through the Ministry of Power, has concluded the sale of five power plants under the National Integrated Power Projects (NIPP) for approximately $1.15 billion. Adebayo Adelabu, the Minister of Power, announced the finalisation of the bidding process and the submission of the final report to the National Council of Privatisation (NCP), chaired by Vice President Kashim Shettima. A technical committee led by Lagos State Governor Babatunde Sanwo-Olu oversaw the process. The power plants, jointly...