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Ibadan Electricity Distribution Company Appoints Francis Agoha As Acting Managing Director and Welcomes Adeoye Fadeyibi As Expert Consultant Adviser

PRIVATEJun 03, 2024about 2 years ago

Position

Consultant

Company

Ibadan Electricity Distribution Company (IEDC)

Adeoye Fadeyibi
IbadanEnergyOil And Gas

Description

Ibadan Electricity Distribution Company has appointed Francis Agoha as the new Acting Managing Director, following the expiration of Kingsley Achife’s tenure. The company has also introduced Adeoye Fadeyibi as the Expert Consultant Adviser to spearhead initiatives to reduce commercial and technical losses. These appointments signify the company's commitment to operational excellence, customer-focused growth, and successful transition to new investors.

Company Information

Company

Ibadan Electricity Distribution Company (IEDC)

Location

Ibadan, Oyo State, Nigeria

About

Ibadan Electricity Distribution Company (IEDC) is one of Nigeria's major electricity distribution companies. It has faced significant operational challenges and ownership disputes in recent years. The company was valued at over N1 trillion during the acquisition process in 2024. IEDC plays a critical role in the electricity supply in southwestern Nigeria.

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