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AEDC Management Sack; not Buhari’s Call – Presidency

Contrary to the report that made the rounds following the sack of AEDC management over workers strike, the presidency has stated that President Buhari did not order their sack.

On Monday 6th December 2021, the power supply was grounded in Abuja, Kogi, Nasarawa, Niger, Kaduna and some parts of Edo State for about 10 hours.

This power cut resulted from the strike embarked on by the Abuja Electricity Distribution Company (AEDC).

It was reported on Tuesday 7th December that the President has dissolved the management of AEDC and replaced them with a new interim management team formed by Nigerian Electricity Regulatory Commission (NERC).

AEDC is a Private Entity

A statement released by the Presidents Senior Special Assistant (Media and Publicity), Garba Shehu, has denied the reports saying “this cannot be true”.

The statement titled ‘President Buhari did not order the sack of AEDC management, says Presidency’ noted that “Since the privatization of the Power Sector in 2013, the management of the successor companies has reverted to the new owners.

“It is, therefore, totally out of place and inconceivable that the President would be linked to the management of a private organization, let alone sacking it.

“It is gladdening to note that the minister quoted in the statement has distanced himself from it.”

The presidency, therefore, reassured investors that the President has no business interfering in the running of private business entities.

The President also welcomes relevant stakeholders to resolve the company’s current issues.

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