The Board of Directors and key management staff of the Ibadan Electricity Distribution Company (IBEDC) have been suspended by the Nigerian Electricity Regulatory Commission (NERC) over N5.7 billion loan balance default. The suspension according to the commission’s Head of Media Unit, Mrs Vivian Mbonu, in a statement obtained by DAILY POST on Wednesday was “vide […]
IBEDC board members suspended over N5.7b loan balance default
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