AMCON Takes Over IBEDC

AMCON has taken over IBEDC. EKO HOT BLOG reports that the Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency. This was revealed in memo signed by the Chief Operating Officer (COO) Engineer John Ayodele which was directed to members of staff intimating them of the development. … Read more