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AMCON Takes Over IBEDC

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development, The Nation gathered. Ayodele, in the January 20 memo, said the company fell under…
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AMCON takes over Ibadan Disco — Nigeria — The Guardian Nigeria News – Nigeria and World News

The assets of Ibadan Electricity Distribution Company (IBEDC) have reportedly been taken over by the Asset Management Corporation of Nigeria (AMCON) for defaulting
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(BREAKING) : AMCON Takes Over IBEDC | African Examiner

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development. Ayodele, in the January 20 memo, said the company fell under receivership by a September […]
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