Power pylons in Nigeria
(Reuters) - The Goodluck Jonathan administration in Nigeria accepted deposits by bidders for 15 state electricity assets on Monday, a milestone in a privatization process meant to end decades of power blackouts.
A signing ceremony at the presidential residence came a month after the bidders for 10 generation companies and five distribution companies paid deposits of 25 percent of the value of their bids.
Power companies will now negotiate terms to complete
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