#DISCOs
2 stories
Revealed: How AEDC Spent Over N16b In a day On Admin. Expenses; Allegedly Evade Tax and Use Inflated Costs to Shortchange FG (Part 1)
Financial records unveiled by the League of Patriot, exclusively obtained by LeadingReporters, has alleged that AEDC uses different accounts, mainly domiciled with the United Bank of Africa, UBA and recently, Fidelity Bank to perpetrate these nefarious acts. The accounts include AEDC Impress Funding Account with UBA. Account No. 22174094498. This account has become a conduit […]
BusinessFGN N50b monthly electricity susbsidy not True
Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck Jonathan privatized the electricity sector in November 2013 and handed it over to 11 distribution companies and six generating companies. Last month, Minister of Power Sale Mamman, said the Federal […]