Power Sector Will Soon Collapse — Elumelu

Posted: January 29, 2017 at 5:45 pm   /   Delta-Ughelli, Gen. Biz, Gencos

Chairman of Transcorp Group and United Bank for Africa, UBA, Mr Tony Elumelu, has said Nigeria’s power sector will soon collapse if urgent action was not taken. Elumelu spoke in an interview with CNBC Africa: “The agency of government that is responsible for making sure that this sector delivers on its potential is not doing […]

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TRANSCORP Turns UGHELLI Power Plant Around, Now Produces 610MW Daily

Posted: April 7, 2015 at 11:51 pm   /   Delta-Ughelli, Gencos

The recent privatization of the power sector has started to yield fruits. Success stories are being recorded in several of the privatized power assets. In a recent full-page article published in THISDAY Newspaper, Mr Tony Elumelu, Chairman, Heirs Holding, the new owners of Transcorp Ughelli Power Ltd., stated that the plant has expanded generation output […]

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