Banking Budgeting Latest News Planning & Economic Development Power/Electricity Revenue Technology

FG Orders Sale Of IBEDC, Four Other Discos Within 90 Days

The Federal Government has ordered the resale of electricity Distribution Companies (DisCos) now under the management of banks and the Asset Management Company (AMCON) within the next 90 days to reputable power operators as part of its current drive to improve power supply nationwide. The order was given by the Minister of Power, Adebayo Adelabu, […]

Economy News Extra Latest News Planning & Economic Development Power/Electricity

IBEDC Urges Customers On Prompt Payment Of Bills

Ibadan Electricity Distribution Company (IBEDC) has appealed to customers in its franchise area with outstanding bills to pay in order to avoid disruption in their power supply due to the ongoing mass disconnection exercise. A statement signed by the company’s Chief Operating Officer (COO), Engr. John Ayodele, indicated that the company had commenced mass disconnection […]