Egbin Power, Ikeja Electric, First Independent Power Deny Receivership Claims
Lagos, Nigeria | August 7, 2025 The management of Egbin Power Plc, Ikeja Electric Plc (IE), and First Independent Power Limited (FIPL) has firmly dismissed recent media reports suggesting that the companies are under receivership, describing the claims as false and misleading. In a joint statement issued in Lagos, the three energy firms clarified that