The presidency has debunked claims that President Muhammadu Buhari ordered the purported sack of the management of the Abuja Electricity Distribution Company, (AEDC)
Senior Special Assistant to the President on Media & Publicity, Garba Shehu, in a statement issued on Wednesday, said the news credited to the Minister of State for Power that President Buhari has ordered the sack of the AEDC managengemnt is not true.
According to Garba Shehu, Buhari will not interfare in the affairs of private business entities in the country.
In his words, “This cannot be true. Since the privatization of the Power Sector in 2013, the management of the successor companies has reverted to the new owners.
“It is, therefore, totally out of place and inconceivable that the President would be linked to the management of a private organization, let alone sacking it. It is gladdening to note that the minister quoted in the statement has himself distanced himself from it.
“The Presidency, therefore, wishes to state expressly and reassure investors in the economy that President Buhari did not order the sack of the management of AEDC, neither does he intend to interfere in the running of the affairs of private business entities.
“The Presidency, however, welcomes ongoing discussions with relevant stakeholders to resolve the issues surrounding the recent developments in the company”.
