The Bureau of Public Enterprises (BPE) has revealed why it implemented a five-year monitoring exercise on privatised enterprises in the Nigerian power sector.
The Director-General of BPE, Alex Okoh, made this known during the presentation of a certificate of discharge to Transcorp Power Limited in Abuja on Monday.
Transcorp Power Plc, having fulfilled all the deliverables, and satisfying the requirements of the post-acquisition plan (PAP) compliance, got delisted from routine evaluation and monitoring exercises.