FG Suspends AEDC Management

FG has suspended AEDC management.

This online platform gathered that President Muhammadu Buhari has approved a new interim governing board to oversee the company’s daily operations.

This followed the industrial action embarked on by staff members over non-payment of arrears of pensions, allowances, and salaries on Monday.

Recall Abuja and other states under Abuja distribution company were thrown into darkness on Monday following the industrial action.

The suspension was conveyed in a statement by the Minister of State for Power, Goddy Jedy Agba.

Buhari directed the Bureau of Public Enterprises to set up a new management team of the AEDC.

Part of the statement read, “In a memorandum of understanding MOU, jointly signed by the Minister of State for Power, Goddy Jedy Agba, the chairman Nigeria Electricity Regulatory Commission NERC, Sanusi Garba, Director General Bureau of Public Enterprises, Alex Okoli, Comrade Joe Ajaero on behalf of the union, the Federal government has ordered the suspension of the strike, given 21 days within which the outstanding emoluments and entitlements of staff will be paid.

“Government has described the nonperformance and incompetence of the AEDC as a national embarrassment, saying the suspension of the management team subsists until further notice.”