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Why We Took Over Management Of Five DisCos — FG

The Federal Government (FG), on Wednesday, said the change in management of five electricity distribution companies was related to corporate governance. Affected DisCos are; Kano, Benin, Kaduna, Ibadan and Port Harcourt. This is contained in a statement issued a d signed by Isa Sanusi,…

IBEDC Management Intact, Ignore BPE, NERC, Says Receiver/Manager

The Receiver/Manager’s Nominee of Integrated Energy Distribution and Marketing Company (IEDM), yesterday said it is the legal and beneficial owner of 60 per cent (controlling and managing) shareholding interests in Ibadan Electricity Distribution Company (IBEDC). It advised the public to ignore a…

$1bn Natural Gas Sold To Portugal In 2022, Says NNPC

The Nigerian National Petroleum Company Limited on Thursday said it had sold over $1bn worth of natural gas to Portugal this year. It disclosed this during the Nigeria-Portugal Business and Trade Forum, which held on the sidelines of the state visit to Portugal…
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