Otedola’s Geregu To Pay $4m To BPE For New Power Plant Acquisition

By
NigeriaDNA
-

Geregu Power Plant owned by Femi Otedola obtained a $4m bid bond in favour of the Bureau of Public Enterprises for the acquisition of Geregu II, the company’s books reveal.

A bid bond provides a guarantee to the project owner that the bidder will complete the work if selected.

RELATED ARTICLESMORE FROM AUTHOR