cover

Buhari sacks Abuja DisCo management over ‘incompetence’

 

President Muhammadu Buhari has approved the suspension of the management of Abuja Electricity Distribution Company (AEDC).

He approved a new interim governing board to oversee the company’s daily operations.

It followed the industrial action embarked on by staff members over non-payment of arrears of pensions, allowances, salaries and promotion.

The dismissal, conveyed by the presidency to the Federal Ministry of Power, takes immediate effect, according to a statement by the Minister of State for Power, Mr. Goddy Jedy Agba.

The statement added: “The presidential directives as conveyed has also directed the Bureau of Public Enterprises to set up a new management team of the AEDC.

“However, 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 has ordered the suspension of the strike, given 21 days within which the outstanding emoluments and entitlements of staff will be paid.

“Government has described the nonperformance and incompetence of the AEDC as a national embarrassment, saying the suspension of the management team subsist until further notice.”

 

 

 

 

Oluwasegun Adesuyi

Recent Posts

Tajudeen Abass: A Symbol Of Parliamentary Stability By Toby Prince

Tajudeen Abass: A Symbol Of Parliamentary Stability By Toby Prince To whom much is given,…

2 hours ago

Access Holdings  Vests  23.8 million Units of Shares on Senior Executives

Access Holdings  Vests  23.8 million Units of Shares on Senior Executives In line with the…

5 hours ago

ZENITH BANK’S LANDMARK N125.59 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS

ZENITH BANK’S LANDMARK N125.59 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS  Shareholders of Zenith Bank Plc, at…

5 hours ago

Lagos Socialite Engr. Omotosho Accuses TRAME Executives of Calumny and Blackmail

Lagos Socialite Engr. Omotosho Accuses TRAME Executives of Calumny and Blackmail The feud between Lagos…

6 hours ago

Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law

Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law Following a recent gas explosion…

3 days ago

ZENITH BANK ON TRACK TO SURPASS 2023 RESULTS WITH 189% GROWTH IN Q1 EARNINGS

ZENITH BANK ON TRACK TO SURPASS 2023 RESULTS WITH 189% GROWTH IN Q1 EARNINGS Zenith…

4 days ago