Page 13 - Umar Abdullahi News Today

Between 2019 and 2021, the Ogun/Osun River Basin Development Authority released millions of naira to Salta Infrastructure for the rehabilitation of farm settlements and Chayakyagi Road to Gbaradogi in the Patigi Local Government Area of Kwara State. But two years down the line, The Informant247 reports that despite the funds released, the settlements remain in shambles with the roads yet to be constructed.

Bauchi State Police Command has arrested 22 suspects for the offence of criminal conspiracy, causing grievous hurt and thuggery.

The Ogun State Amotekun Corps has arrested four suspected cultists for allegedly stealing phones and accessories in Sagamu. The suspects were identified

It is envisaged that the majority interest in these DISCOs would be sold to competent private sector investors

The affected companies are Port Harcourt, Kano, Kaduna, Ibadan and Benin distribution companies.

Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares. | Pulse Nigeria

The federal government says Fidelity Bank Plc has commenced plans to finalise the takeover of Benin, Kano and Kaduna DisCos.

The bank is considering a takeover of more disCos. | Pulse Nigeria

"Also, with the takeover of Ibadan DISCO by AMCON, the BPE has obtained approval from NERC to appoint Kingsley Achife as the interim managing director."

Nigerian government with Fidelity Bank and AMCON take over the affairs of five electricity distribution companies, also known as DISCOs