The Ministry of Power, Works and Housing, Mr Babatunde Fashola has asked power distribution companies to sell parts of their shareholdings to new investors to raise capital to sustain operations.
Power distribution firms complain of serious financial constraints due to heavy bank loans secured for the privatisation three years ago.
But according to the Minister, some of the options open to the power firms include special placement, offer for sale, initial public offering or bond flotation.
The federal government owns between 30 and 35 percent shares in all the privatised distribution companies.
.....Channels TV