The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke has described the nation’s privatization exercise as one of the best in the world.
According to the minister, her assessment was premised on the reports released by the International Finance Corporation, IFC which revealed that Nigeria’s ranked top among other nations.
She also disclosed that the International Financial Corporation (IFC) had shown commitment to finance the critical gas back-bone pipeline infrastructure projects in the country.
Her words:“The IFC commended the power privatization process saying it is one of the most successful in the World.
“It was based on the successful privatization process that the IFC made commitment to support the gas project.
“The mobilization of the financial support is expected over the next six months,’’.
