US EditionCourt Sets September 9 Hearing For $62m IBEDC Stake Sale Dispute
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Court Sets September 9 Hearing For $62m IBEDC Stake Sale Dispute
A Federal High Court has fixed September 9, 2025 to hear a lawsuit challenging AMCON’s proposed sale of a 60% stake in Ibadan Electricity Distribution Company (IBEDC) for $62 million – a transaction civil society groups allege could cost Nigeria $107 million in losses. The African Initiative Against Abuse of Public Trust filed the suit […] The post Court Sets September 9 Hearing For $62m IBEDC Stake Sale Dispute appeared first on Trending News.
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