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Nigerian Assets Company, AMCON Sells IBEDC For N100 Billion

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Nigerian Assets Company, AMCON Sells IBEDC For N100 Billion The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion. AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday. Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company. 💰Invest cryptocurrency. Get +20% in 24 hours! BONUS 💲10 000 on your account❗️TAKE THEM❗️ Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.” Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.” However, officials of IB...
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Birthday: Power Minister Congratulates Former NCC Boss, Adeolu Akande on 60th Birthday Milestone

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Birthday: Power Minister  Congratulats Former NCC Boss, Adeolu Akande on 60th Birthday Milestone OYO: Peter Felix The Honourable Minister of Power, Oloye Abdul-Waheed Adebayo Adelabu, has extended warm felicitations to the illustrious Adeolu Akande, former Chairman of the Nigeria Communications Commission (NCC) Board, on the auspicious occasion of his 60th birthday celebration. According to Adelabu, this milestone birthday marks a significant chapter in Akande's life, and his congratulatory message serves as a testament to their mutual respect and admiration. Oloye Adelabu praised Akande's remarkable contributions to national development, highlighting his humility, brilliance, and unwavering commitment to public service. As a seasoned administrator and leader, Akande's tenure at the NCC was marked by notable achievements that have had a lasting impact on the country's communications sector. Adelabu's tribute to Akande's accomplishments underscores the esteem in ...
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