1 October 2012 – Nigeria’s Bureau of Public Enterprises (BPE) has postponed the opening of financial bids for the sale of electricity distribution companies, earlier scheduled for 10 October 2012, to 16 October 2012. A statement issued by BPE said the postponement was to give bidders the required 15 working days to procure and submit their post-qualification security.

On September 18th2012 a list of prospective investors qualified to bid for 10 electricity distribution companies in the country.The electricity distribution firms proposed for sale are located in Ibadan, Ikeja, Abuja, Enugu, Jos, Eko, Port Harcourt, Yola, Kano, Benin and Kaduna.