The federal government today, Monday, April 22, vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the next three months to reputable technical power operators. Recalled that Abuja Electricity Distribution Company (AEDC) is currently under the managem...
Supreme Court AMCON The Supreme Court has halted the takeover of Suru Worldwide Ventures by the Asset Management Corporation of Nigeria (AMCON). The Supreme Court therefore ordered that the case between Suru Group, a commercial bank, and the Mr Gbenga Alade-led Asset Management Corporation of Nigeria, (AMCON) be returned to the High Court, rep...
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