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Customer exploitation: FCCPC hits Ikeja Electric, seals office
Sopuruchi Onwuka Officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Thursday swiftly sealed the head office of the Ikeja Electric Distribution Company (IKEDC), also called Ikeja Electric which operates the networks in the inland Lagos State and…
Receivership: Ikeja Electric launches aggressive revenue drive
Sopuruchi Onwuka The field officers and corporate executives of the Ikeja Electricity Distribution Company, popularly called Ikeja Electric, are currently on rampage to compel non-performing customers to turn up with payments. Expectedly the aggressive debt recovery effort propelled by pressure…
Panic in Corporate Centrum as Sahara Group battles insolvency
Sopuruchi Onwuka The energy business empire of corporate mogul, Kola Adesina, is battling tough liquidity challenge that threatens its continued participation in the debt ridden national gas-to-power programme. Leaders and top management executives are all pulling strings to stave off…
