BPE, BPP lock horns over N1.45bn PHCN’s liquidation contracts

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The dust generated by the controversial disbursement of N1.45 billion as consultancy fees for the liquidation of the Power Holding Company of Nigeria (PHCN) Plc, has taken another dimension as both the Bureau of Public Enterprises (BPE) and the Bureau of Public Procurement (BPP), are locked in blame game.
The two federal agencies are principal actors in the unbundling process of the defunct PHCN.
Contrary to the spirited denial by the BPE that it followed due process before disbursing N1.45 billion, BPP indeed rejected the award of N929 million contracts to a legal adviser for the winding up of the Power Holding …Read More

Source:: New Mail