The Federal government has concluded plans to sell off three electricity generating companies next year. This is so as to raise money to fun the 2018 budget, which has been called the budget of consolidation.

The government  made the announcement recently.

Plans have been concluded to complete the sale of three electricity generation companies built by @ndphconline under the National Integrated Power Projects (NIPPs) to help fund the projected 2018 Budget deficit.

— Govt of Nigeria (@AsoRock) November 20, 2017

Yesterday, Businessday reported that one of the power generating companies to be sold next year the Afam electricity Generating Company, which will be done by mid 2018. The publication also said the Yola distribution company would be sold.