AMCON completes sale of Ibadan DisCo for ₦100 billion
The Asset Management Corporation of Nigeria (AMCON) has officially confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC), one of the five power distribution companies formerly under its management. Gbenga Alake, AMCON’s Managing Director and CEO, announced the sale during a media briefing with senior journalists on Thursday, July 3. Alake revealed that IBEDC…









