The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) to reinstate the suspended board of Ibadan Electricity Distribution Company (IBEDC).
This was stated on Wednesday by the Chairman, House Committee on Power, Dan Asuquo, who said he was issuing a 48-hour ultimatum, during the investigative public hearing on the ‘Need to save Ibadan DISCO Plc.’
Mr Asuquo urged the regulatory agency to desist from any act that could send wrong signal to investors. He called on all parties involved to put public interest above their individual interest, cautioning against the utilisation of public fund to prosecute cases.
Source: Premium Times