9 results
- 18 Oct 2020
CWG Set to Deploy 100,000 Smart Meters for IBEDC
As a licensed Meter Asset Provider, CWG Plc has been given a contract worth $11.1million by the Ibadan Electricity Distribution Companies (IBEDC) to deploy over 100,000 smart meters in Babaoko, Omu…
- 27 Aug 2021
Ibadan Disco Cries Out over N8.5Bn Debt by MDAs Debt
Ibadan Electricity Distribution Company Plc (Ibadan Disco) has said it is owed over N8.5bn by ministries, departments and agencies of government. IBEDC, which covers Oyo, Ogun, Osun and Kwara states…
- 3 Jul 2025
AMCON Confirms ₦100Bn Sale of Ibadan DisCo Amid Legal Disputes
Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC), one of the five power distribution companies previously under its…
- 28 Apr 2025
DisCo Must Repay Customers for Transformer Purchases, FCCPC Rules
Federal Competition and Consumer Protection Commission has ordered the Ibadan Electricity Distribution Company to refund whatever consumers invest in buying transformers, poles, cables, and other…
- 30 May 2014
Thefts, Others Hobble Power Sector
Thefts, infrastructure vandalisation, obsolete equipment due to either low or poor maintenance amongst other reason have combined to hobble the newly privatised power sector. These revelations were…
- 27 Jul 2026
AMCON Puts ntel Up for Sale, Seeks Investors
Asset Management Corporation of Nigeria (AMCON) has commenced the process of divesting its interest in NTEL/NATCOM, saying the telecommunications company has undergone a major transformation that…
- 4 Aug 2017
Ex-Skye Bank Boss Pumps N7Bn into Jonathan’s Re-election Bid
The Skye Bank Plc management has accused, Tunde Ayeni, former Chairman of the banks of owing it and other lenders about N200 billion. The bank claimed that out of the amount, N7 billion, from a N33…
- 15 Jan 2024
Electricity Subsidy Gulped N700bn in 2023 - Adelabu
Adebayo Adelabu, Minister of Power says the Federal government has so far spent N700 billion to subsidize electricity. According to Adelabu, the Federal Government still subsidises electricity…
- 12 May 2025
NERC Orders DisCos to Compensate Band A Customers in 557 Streets
Nigerian Electricity Regulatory Commission (NERC) has directed nine electricity Distribution Companies (DisCos) to compensate Band A customers residing in 557 streets across their franchise areas for…