Ibadan DisCo Sold for ₦100 Billion: AMCON Secures Bigger Deal Despite Court Disputes
The Asset Management Corporation of Nigeria (AMCON) has officially sold the Ibadan Electricity Distribution Company (IBEDC) for a staggering ₦100 billion, nearly doubling the initial sale value. This marks a significant shift in Nigeria’s ongoing power sector reforms. Speaking during a media briefing on Thursday, AMCON’s Managing Director and CEO, […]