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Future Energies Africa (FEA) Ltd. Owns Significant Stake In KEDCO, Says MD/CEO

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The attention of KEDCO has been drawn to publications in some major media publications regarding the status and ownership of KEDCO. The Management of Kano Electricity Distribution Company (KEDCO) has said the DisCo was not under the jurisdiction of any Bank or the Asset Management Corporation of Nigeria (AMCON).

In a statement issued by KEDCO’s Head of Corporate Communications, Sani Bala Sani, he refuted the reports that flooded the media space and claimed that KEDCO was one of the DisCos currently being managed by AMCON or the Banks, thus ordered for sale.

Sani further informed that, “Since November 2023, new investors – Future Energies Africa (FEA) Limited acquired control of 60 per cent shares of the DisCo, while the Federal Government retains 40%.

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The Company’s spokesperson recalled that, In July 2022, KEDCO, alongside four other DisCos were restructured by the Federal Government and appointed an interim Board and Management to steer the affairs of the Company for transition to new investors, which was concluded and handed over to the current investors.

On the Company’s current performance metrics, Sani said the DisCo had improved significantly in its operational efficiency under the stewardship of the current MD/CEO, Abubakar Yusuf, and a crop of seasoned professionals on the Board of Directors led by Engr. Ibrahim Adamu Gumel, by creating a modernized electricity distribution system that has enhanced service delivery, a friendly customer atmosphere, and a reduction in ATC&C losses, within 6 months of the takeover.

KEDCO, under its current ownership, is committed to providing reliable, affordable, and sustainable electricity to Kano, Katsina, and Jigawa States and environs. Through innovative solutions and partnerships, the Company aims to lead the way in renewable energy adoption and sustainable development.

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Fake Lecturers Arrested in BUK for Trespass and Cheating

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Security operatives in Bayero University, Kano have arrested two persons parading themselves as lecturers and selling books to unsuspecting level one fresh students.

The two persons, whose pictures appear here introduced themselves as David Iluebe from Edo State and Chike E. Eke from Delta State, surreptitiously entered a lecture hall at the Faculty of Engineering of the university and introduced themselves to fresh100 level students as Lecturers of the Department. Thereafter, they presented a set of four different textbooks on Use of English, Statistics, Nigerian People and Culture, and lastly, Algebra and Geometry Mathematics threatening the students to purchase these books as a requirement for their Continuous Assessment (CA) otherwise they’ll fail their courses.

The apprehensive Students present in the hall responded by buying several copies to meet up the course requirement. Nemesis however, caught up with them when the security operatives swoop in on them following a report. The two persons were however, arrested on 25th July, 2024 by the security operatives for suspected criminal trespass, Impersonation and cheating.

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During preliminary investigation, the suspects claimed that they were the authors of the books they were selling to the students and they confessed to all the allegations leveled against them, revealing that they were hustling to make a living due to lack of job. The suspects further disclosed that this was the second time they were coming to the state, having been to the Kano State Polytechnic earlier this year.

The set of books found in their possession were all of poor quality believed to have been pirated. This is clearly a very disturbing emerging trend in our tertiary institutions which are being invaded by crooks and charlatans masquerading as academicians in order to dupe and exploit our unsuspecting students. Meanwhile, the suspects will be handed over to the Police for further appropriate action, while our students would be further sensitized on this ugly development, please.

In a statement signed by secretary information and publication of the university Bala Abdullahi said the Management of Bayero University, Kano wishes to inform the students and the general public to be wary of such impersonators and that surveillance has been beefed up in the University to avert the reoccurrence of such an ugly incident.

 

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Nation Wide Protest Begins From Abuja-Sowore Tackles  Wike

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Former presidential candidate of the African Action Congress, AAC, Omoyele Sowore, has dared Nyesom Wike, Minister of the FCT, for saying that Abuja is not available for protest on August 1.

Sowore in a post on his X handle on Friday said the proposed nationwide protests will start from Abuja.

He said: “It is starting from and in Abuja!”

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Sowore’s statement comes after Wike said that August 1 had been set aside for the chairmen of the six Area Councils of the FCT to give out certificates of recognition to their traditional rulers.

The Minister gave the warning while briefing journalists on the outcome of the FCT Security Council meeting in Abuja on Thursday.

Reports says that some Nigerians are mobilising for nationwide protest slated for August 1 to August 10, 2024.

Tagged #EndBadGovernace, organisers of the protest have lamented about widespread hunger and inflation in the country.

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Robbers Gunned Down While Attempting To Snatch Jeep In Abuja

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IGP Kayode

 

Two suspected armed robbers were shot dead while attempting to snatch a Prado Jeep at gunpoint in the Jahi area of Abuja, the nation’s capital.

CP Benneth Igweh, disclosed this to newsmen while parading two arrested members of the robbery gang at the command in Abuja, on Friday.

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He said this happened around 10:45 pm on Thursday, when a four-men robbery engaged the operatives who were on crime prevention patrol led by DPO of Mabushi police division in a fierce gun battle.

According to him, the four-men robbery gang on sighting the police operatives opened fire, which resulted in a gun duel where two among the robbers were neutralized.

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