Crisis Hits Abuja Electricity Distribution Company Over Suspension Of General Managers, Top Officials | Sahara Reporters

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Multiple sources within and outside the company confirmed the development on Friday, noting that rather than a general memo, the GMs received the suspension letters personally, Daily Trust reports.

The new interim management of the Abuja Electricity Distribution Company has suspended general managers while asking some other officials to work from home.

AEDC has nine regions and 39 area offices across four states including Kogi, Abuja, Nasarawa and Niger where it distributes generated electricity to power consumers. The sources said there are at least 17 general managers and regional managers as well as some expatriates of the previous core investors that may have been affected in the new move.

The company has been in a pronounced management crisis since November when the staff went on strike over non-payment of their entitlements and allowances. Co-incidentally, United Bank for Africa, which provided the finance to KANN Utility, the core investor of 60 per cent stake in the DisCo in 2013, invoked its receivership clause over the incomplete settlement of the loans.

 

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