Goodluck Jonathan Company of Nigeria, which acted as the nation's electricity provider, has been broken up into 15 firms, with Nigeria handing over control of state electricity assets to 15 private bidding companies. The Nigerian government contracted for the services of CPCS Transcom Limited, a Canada-based consulting firm specialising in transportation and energy infrastructure projects, to act as the transaction adviser for the handover of state electricity assets. On 11 October 2011, President Jonathan launched the Youth Enterprise with Innovation in Nigeria (YOUWIN) Initiative which he stated would be an innovative business plan competition that harnesses the creative energies of young people
17th Ordinary African Union Summit adopt decisions and recommendations of the 19th Ordinary Session of the Executive Council as well as the declarations of the summit. Presidents also agreed on the date and venue of the 18th Ordinary Session of the Assembly of the Union. Prior to the meeting, Nigerian President Goodluck Jonathan told Bloomberg's Franz Wild of his intention to discuss with the AU delegation from Algeria a timeline for constructing a trans-Sahara pipeline to take natural gas to Europe. Among the decisions reached by African Union leaders was to propose ceasefire talks in Addis Ababa, Ethiopia between the Libyan government and Libyan rebels.