CSO Sues AMCON, Others Over Alleged Undervaluation In $62m Sale Of Ibadan Disco

A civil society organization, the African Initiative Against Abuse of Public Trust, has dragged the Asset Management Corporation of Nigeria (AMCON), the Bureau of Public Enterprises (BPE), the Nigerian Electricity Regulatory Commission (NERC), and the Ibadan Electricity Distribution Company (IBEDC) to court over the alleged move to sell 60% equity in IBEDC at a “giveaway […]