Confusion over Ikeja DisCo, Egbin Power takeover, as CPPE seeks Nigerian Govt’s intervention

There is confusion over the alleged takeover of ownership at Ikeja Electric, Egbin Power (KEPCO Energy Resources), and Independent Power Limited by Nigerian banks and other parties over debt. There are reports that a Lagos High Court presided over by Justice Akintayo Aluko handed a receivership ruling on August 5, 2025, to the power firms

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