News

Buhari Didn’t Order Sack Of AEDC Management – Presidency

President Muhammadu Buhari didn’t order the sack of Abuja Electricity Distribution Company (AEDC) management, according to the Presidency. 

Gatekeepers News reports that the Presidency has denied that President Buhari ordered the sack of the Management of the Abuja Electricity Distribution Company (AEDC) over the industrial action by the Nigerian Union of Electricity Employees (NUEE).

Senior Special Assistant to the President, Media & Publicity, Garba Shehu disclosed this in a statement on Wednesday.

The statement read, “The Presidency wishes to react to a news item making the rounds,  credited to the Minister of State for Power that President Muhammadu Buhari has ordered the sack and replacement of the management of the Abuja Electricity Distribution Company, AEDC.

“This cannot be true. Since the privatization of the Power Sector in 2014, the management of the 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 himself distanced himself from it.

“The Presidency therefore, wishes to state expressly and reassure investors in the economy that President Buhari did not order the sack of the management of AEDC , neither does he intend to interfere in the running of the affairs of private business entities.

“The Presidency however, welcomes ongoing discussions with relevant stakeholders to resolve the issues surrounding the recent developments in the company.”

Uthman Olamilekan Bagbansoro

Recent Posts

We Have Done Better Than Those Who Stayed Eight Years – Fubara

Governor of Rivers State, South South Nigeria, Siminalayi Fubara believes his administration has recorded giant…

10 mins ago

NSIB Reveals Reason Dana Air Plane Veered Off Runway

Nigerian Safety Investigation Bureau (NSIB) says a failed landing gear led to Dana Air’s plane…

13 mins ago

Usyk Defeats Fury To Become Undisputed Heavyweight Champion

Oleksandr Usyk has defeated Tyson Fury to become the undisputed heavyweight boxing champion of the…

15 mins ago

Newspaper Headlines: Five Things You Need To Know This Morning

Newspaper Headlines: Five Things You Need To Know This Morning Dollar To Naira Exchange Rate…

4 hours ago

Dollar To Naira Exchange Rate For Today 19 May 2024

Find below, the Dollar to Naira exchange rate for today, 19 May 2024. Gatekeepers News has obtained…

6 hours ago

Recruitment: Apply For One Acre Fund Recruitment 2024

Recruitment, apply for One Acre Fund recruitment 2024 below. Gatekeepers News reports that One Acre Fund supplies…

7 hours ago