“Ibadan Disco has actually retrogressed in terms of their critical performance parameters as contracted in the performance agreement signed with the bureau.
He explained that the bureau considered it imperative to clear the air on the insinuations and statements emanating from some of the electricity distribution companies which were restructured following the collaterised shares of some of the Discos. “It is important to note that the action is a contractual and commercial intervention and is between the core investors in these Discos and the lenders. BPE’s involvement is to protect the 40 per cent shareholding of the Federal Government in the Discos,” he stated.
“BPE has nominated Bashir Gwandu , Yomi Adeyemi , and Umar Abdullahi as independent directors to represent government’s 40 per cent interest in the aforementioned Discos, during this transition.”
As if anything has changed from the ones sold. Anyways they sell to themselves
UNBUNDLE TCN BY REGIONS! WE NEED INVESTORS TO MANAGE TCN AND HANDLE IT REGION BY REGION FOR EASE OF MAINTENANCE AND INVESTMENT. PeterObi TCN_NIGERIA WE are tired of National GRID Collapse!
obajiobanyin_1 I want every Nigeria political leaders irrespective of their parties to say this pray this Sallah day morning. 'May God reciprocate it back to me and my entire family the way I have led, the way I'm leading & the way I'm planning to lead Nigerian in 2023 to come.
Sell sell sell, this people behave like their brain is in their butt
What change will that bring
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