IBB,Otedola,Tony Elumelu etc companies today won the bids to take over PHCN (NEPA)..The bid conducted at Transcorp Hotel Abuja by the National Council on Privatization chaired by IBTC founder Atedo Peterside along side the DG BPE Ms Onogoruwa..In attendance were the Executive Chairman NERC Dr Sam Amadi,members of NASS etc..With this development,the electricity distribution at the Power stations at Shiroro,Ugheli,Kainji etc have been taken off NEPA Mgt..CKN Nigeria