The National Industrial Court in Ibadan on Thursday restrained the Bureau of Public Enterprise (BPE) from conducting a verification exercise for payment of 16 months of severance benefits for defunct Power Holding Company of Nigeria (PHCN) workers. Other respondents in the suit are the National Council on Privatisation (NCP), Nigeria Electricity Liability Management Company (NELMCO), … Read more
Rekhiat Momoh on Tuesday assumed office as the acting Chief Executive Officer (CEO) of Eko Electricity Distribution Plc (EKEDC). The company disclosed this in a statement signed by its board of directors. According to the statement, this follows the redeployment of its erstwhile Managing Director/Chief Executive Officer, Tinuade Sanda, back to WPG Ltd, the core … Read more
The Nigerian government on Tuesday hinted at plans to restructure the Transmission Company of Nigeria (TCN) into two entities. Nigeria’s Minister of Power, Adebayo Adelabu, disclosed this while speaking at the Federal Ministry of Power ministerial retreat held in Abuja on Tuesday. The TCN, which coordinates the nation’s electricity transmission network, is one of 18 … Read more
