The President, Muhammadu Buhari has approved the suspension of the management of Abuja Electricity Distribution Company (AEDC).
The President also appointed a new interim governing board to oversee the day to day operations of the electricity distribution company.
The actions were taken, in response to the recent industrial strike embarked on by its staff over non payment of arrears of pensions, allowances, salaries and promotion.
The sack of the management team conveyed by the presidency to the Federal Ministry of Power takes immediate effect.
The minister of power Aliyu Abubakar and the minister of state power Goddy Jedy Agba had earlier on intervened through dialogue with the ministry of labour, Bureau of Public Enterprise, and the Nigerian union of Electricity Employees, NUEE, to resolve and call off the 14 hours strike action.
Recall, the Federal Capital Territory FCT, Kogi, Nasarawa, Kaduna and parts of Edo states were in total black out between 7 am in the morning to about 8 pm on Monday following an industrial action by the staff of AEDC.
The presidential directives as conveyed has also directed the Bureau of Public Enterprises to set up a new management team of the AEDC.
However in a memorandum of understanding MOU, jointly signed by the Minister of state power Goddy Jedy Agba, the chairman Nigeria Electricity Regulatory Commission NERC, Sanusi Garba, Director General Bureau of Public Enterprises, Alex Okoli, comrade Joe Ajaero on behalf of the union, the Federal government has ordered the suspension of the strike, given 21 days within which the outstanding emoluments and entitlements of staff will be paid.
Government has described the non performance and incompetence of the AEDC as a National embarrassment, saying the suspension of the management team subsist until further notice.