The Ibadan Electricity Distribution Company (IBEDC) is contesting Phoenix Steel Mills Limited’s switch to the eligible…
Tag: IBEDC
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)…
Oyo Government Locks Ayede Station, Causing Power Outages
According to the Ibadan Electricity Distribution Company (IBEDC), the Oyo State Government locked down the Ayede…
IBEDC Vows to Prosecute Energy Theft, Connection Vandals
The Ibadan Electricity Distribution Company (IBEDC) has vowed to prosecute anyone found vandalising its electrical installations…
Nigeria: Blackout Looms across IBEDC Franchise Area over Unpaid Electricity Bills
The Ibadan Electricity Distribution Company (IBEDC) has alerted consumers within its franchise area of an imminent…
2 Years On: Nigeria’s First Commercial Undergrid Mini-grid A Success
The number of connected consumers is almost 300, up from 90. Mini-grid revenue doubles in over…
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…
NIGERIA: IBEDC Blames 5 Months Power Outage on Lack of Funds
IBEDC says lack of funding stalls resolution of blackout in Ife The replacement of the faulty…
NIGERIA: Abeokuta-Sagamu-Mowe Line Construction Making Progress – IBEDC
The Abeokuta-Sagamu-Mowe line has made significant progress Currently at 80% completion In a statement to newsmen,…