The African Initiative Against Abuse of Public Trust, a civil society group, has filed a suit…
Tag: AMCON
AMCON: Ibadan DisCo Can Thrive with Strong Buyer Amid Challenges
The Asset Management Corporation of Nigeria (AMCON) has announced that the Ibadan Electricity Distribution Company (IBEDC)…
NIGERIA: Uncertainty on IBEDC Ownership as AMCON Allegedly Cancels Take Over
AMCON takes over core investor’s assets IEDM defaulted on the loan facility Several indications have emerged…
NIGERIA: AMCON Takes Over Assets of IBEDC Core Investor
AMCON appoints itself receiver/manager of IBEDC assets To assume the liabilities of IBEDC IEDM defaulted…