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AMCON takes over Ibadan Electricity Distribution Company over insolvency

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The Assets Management Corporation of Nigeria has announced the takeover of the Ibadan Electricity Distribution Company Ltd due to insolvency.

The development was relayed to members of staff in a memo signed by the Chief Operating Officer, John Ayodele, which was made available to members of staff.stating that the members of staff of the company were made aware of the development on Thursday.

 

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About time

The billing is too high jọ́ o

Dr Tunde Ayeni is the chairman of this company according to Google .

Them go soon carry this nepa give Colonian master

Hope this will not affect power supply negatively as power has been switched off in my area since around 3pm today

Turning, turning the widening gyre ...

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BREAKING: Nigerian Agency, AMCON Takes Over Ibadan Electricity Company Over Debts | Sahara ReportersIn a memo to the IBEDC members of staff, the Chief Operating Officer (COO), Engr John Ayodele disclosed the new development. Little by Little we will get there
Source: SaharaReporters - 🏆 9. / 63 Read more »