UPDATE on IBEDC, Staff and AMCON take-over


There was a follow-up to a story on Ibadan Electricity Distribution Company (IBEDC) and the takeover by AMCON

The management of IBEDC issued a Press Statement over the next line of action to be taken on their staff on the takeover by AMCON in relationship to the service and collection of electricity bills from their consumers.

The statement signed by the Chief Operating Officer, Engr. John Ayodele available to SOJ WORLDWIDE, Ayodele said,

“Further to the communication earlier sent on 20th of January, 2022, in respect of the above, kindly note that the investors have resolved on way forward with AMCON and status ante maintained.”

“I am aware that there had been a lot of misinformation in the Press in respect of the above and hope that the Press will also give this prominence.”

“On behalf of the Board and Management, I urge all of us to go about our normal duties while we count on your unflinching commitment and dedication to ensure our revenue collection for this month and excellent service to the customers are not compromised going forward.”

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