FORMER head of state, General Abdulsalami Abubakar’s company, Integrated Energy Distribution and Marketing Limited, won four distribution companies that were created out of the Power Holding Company of Nigeria (PHCN).
They are Ibadan, Eko and Ikeja distribution companies with 17.46 per cent, 21.43 per cent and 22.51 per cent respectively.
Also, the company, as the sole bidder, won the Yola distribution company with 18.58 per cent.
Interstate Electrics, owned by Emeka Offor, won the bid for Abuja Distribution Company with 21.62 per cent, while Gbolade Osibodu’s Vigeo Power Consortium won Benin Disco with 21.78 per cent.
Others on the winning side include Aura Energy Limited, which won Jos Disco; Sahelian Power SPV Limited won Kano Disco, whereas Port Harcourt Disco was won by Power Consortium with 19.55 per cent.
Action Congress of Nigeria (ACN) national leader, Senator Bola Ahmed Tinubu’s Oando Consortium and Oba Otudeko’s Honeywell Energy Resources which bid for Eko Disco and Ikeja Disco lost to Integrated Energy Distribution and Marketing Limited in the two competitions.
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