The Assets Management Corporation of Nigeria has announced the takeover of the Ibadan Electricity Distribution Company Ltd due to insolvency.
The development was relayed to members of staff in a memo signed by the Chief Operating Officer, Engr John Ayodele, which was made available to members of staff.
A staff of IBEDC, who pleaded anonymity, also confirmed the development to newsmen stating that the staff were made aware of the development on Thursday.
However, Ayodele, in the memo assured staff of job security.
Click to signup for FREE news updates, latest information and hottest gists everydayAdvertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com