Future Energies Africa Limited has acquired Nigerian-based Kano Electricity Distribution Company (KEDCO) as the new core investor and hopes to turn around the fortunes of the struggling disco in the West African nation.
The company has reappointed Ahmed Dangana as Managing Director and inaugurated a new board chaired by Engr Adamu Ibrahim Gumel.
This is contained in a statement issued by Sani Bala Sani, Head of Corporate Communications, on Tuesday, November 2, 2023.
Last month, staff of the company locked KEDCO’s head office and all regional offices in protest of management’s failure to address their welfare issues.
The Chairman of the Board hinted at plans to address challenges faced by KEDCo by creating a modernised electricity distribution system that would enhance service delivery, create a friendly customer atmosphere and reduce AT&C for improved operational efficiency.
Mr. Gumel also assured staff on the security of their jobs and pledged commitment to staff welfare and working conditions, while urging all on to continue commitment and hard work towards achieving the renewed vision.
Source: https://energynewsafrica.com