According to Mr Umeh, there is a need to investigate the sector, as not doing so would result in continuous revenue loss.
The National Council on Privatisation, chaired by Vice-President Yemi Osinbajo, granted approval for the sale at its second meeting for 2023 held on Tuesday.
“We have waited enough as we were laid off since 2010.”
Concession of the country’s two public free trade zones remains the federal government’s best economic approach to accelerate Nigeria’s industrialisation agenda.
The MoU was signed at the end of an expansive meeting between the leadership of NUEE and relevant government institutions in the power sector.
Vice President Yemi Osinbajo says giving tax credits to companies like the Dangote Group and Nigeria Liquefied Natural Gas is good for Nigeria.