The Senate Committee on Solid Minerals Development has directed the Bureau of Public Enterprises (BPE) to stop all the processes for the privatisation of the
remaining five coal blocks belonging to the Nigerian Coal Corporation with immediate effect.The committee also gave BPE a seven-day ultimatum to submit all documents detailing transactions and status of coal blocks in the country.The directive followed publications in some national dailies on April 4, 2023 in which BPE placed advertisements for expression of interest for public bidding of NCC Five Coal Blocks.
Thisday, Daily Sun and Guardian on Tuesday April 4, 2023 on which you have received submission from interested persons on Expression on Interest, and against which you want to sell the under listed properties: Amansiodo Coal Block, Onyeama Coal Block, Okpara Coal Block, Inyi Coal Block, Agwasi-Azagba Coal Block.
the coal blocks were successfully taken, one of the coal blocks is currently on a pilot project on coal to power of the Ministry of Mines and Steel Development . While the Senate supports all credible moves to diversify and grow our economy, it is also our duty to oversight the accuracy of claims made in either the procurement or disposal of public facilities or utilities.
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