
Newsonline reports that President Muhammadu Buhari has approved the sack of the Management of the Abuja Electricity Distribution Company (AEDC).
The sack of the management of the Distribution Company follows an ongoing strike by the Nigerian Union of Electricity Employees (NUEE) which has kept the Federal Capital Territory and adjoining states in total blackout in the last two days.
This development was revealed in a statement issued by Ofem Uket, media aide to the Minister of State for Power, Jeddy Agba, on Tuesday.
The statement by the presidency read in part;
“The presidential directives as conveyed also directed the Bureau of Public Enterprises to set up a new management team of the AEDC.
“In a memorandum of understanding MoU, jointly signed by the minister of state power Goddy Jedy Agba, the chairman Nigeria Electricity Regulatory Commission NERC, Sanusi Garba, director-general, Bureau of Public Enterprises, Alex Okoli, Comrade Joe Ajaero on behalf of the union, the federal government ordered the suspension of the strike [and asked to] given 21 days within which the outstanding emoluments and entitlements of staff will be paid.”
Access Holdings has posted over ₦1 trillion Profit Before Tax and signalled a shift from…
Wema Bank has celebrated 9 years of ALAT by Wema and reinforced leadership in digital…
FirstBank has confirmed Olayinka Ijabiyi as Group Head of Marketing and Corporate Communications. NewsOnline…
Southwest Arewa Pro-Tinubu group has visited Ooni of Ife and secured royal endorsement ahead of…
NLC and TUC have warned that Nigeria is near breaking point and threatened a nationwide…
President Tinubu has declared national emergency on insecurity and poverty during May day address. …