Nigeria & Nigeria — Bureau of Public Enterprises

Nigeria: As the host country, Nigeria benefits from improved electricity metering, which is expected to enhance revenue collection and sector liquidity, while also creating jobs for its youth.

Nigeria — Bureau of Public Enterprises: BPE is involved in the privatization and reform of the power sector, and its support for the PMI helps facilitate the metering rollout.

Nigeria: The intervention affects Nigeria's electricity sector, highlighting systemic issues and the government's role in stabilizing the market.

Nigeria — Bureau of Public Enterprises: BPE, as a shareholder representative, is involved in the transition and has a special director on the interim board. It supports the regulatory action.

Nigeria: Host country; transaction aligns with FDI policy; Nigerian shareholders retain 16.19% equity.

Nigeria — Bureau of Public Enterprises: Regulatory agency; involved in oversight; clarified that divested shares belong to Holcim.

Nigeria: Nigeria's federal government resolved a legal dispute that had blocked the procurement of 1.55 million smart meters, advancing its power sector reforms and 'Nigeria First' policy. The resolution supports improved electricity billing and revenue collection.

Nigeria — Bureau of Public Enterprises: BPE participated in the resolution meeting and contributed to the mutually agreeable solution that addressed local manufacturers' concerns within procurement rules.

Nigeria — Bureau of Public Enterprises: Mohammed Hayatudeen chaired the Nigeria — Bureau of Public Enterprises when Goodluck Jonathan was Vice President, highlighting his past experience in public service.