Business

Electricity consumers owe DisCo N50bn in Kwara

The Ibadan Electricity Distribution Company (IBEDC) is being owed over N50 billion by electricity consumers in Kwara, an official said on Tuesday in Ilorin.

The company’s Lead Media Relations, Mrs. Busolami Tunwase, disclosed this while addressing newsmen during a stakeholders’ meeting.

She said the market operator, a unit in the Transmission Company of Nigeria (TCN), was planning to disconnect its feeders from the national grid due to poor remittances.

The management of IBEDC had in May alerted electricity consumers within its franchise area to expect a blackout from June.

It had said then that this was due to the backlog of unpaid electricity bills.

Giving a breakdown of the company’s revenue loss data shortly after the stakeholders’ meeting, Tunwase disclosed that electricity consumers in Jebba lead the chart with an outstanding of N25.8 billion.

EFCC releases ex-governor Ortom after 9-hour grilling

She said consumers in Baboko district followed with N18.9 billion while those in Challenge district owed the company a sum of N7.4 billion.

Tunwase said it was regrettable that the huge debt profile from Kwara was hindering the company from fulfilling its obligations to its market operators.

“But I can assure that when payments are made, service will definitely improve,” she said.

IBEDC’s Regional Manager, Mr Gabriel Eze, said a huge part of the outstanding debt was from government ministries, departments and agencies, as well as the Nigeria Air Force, Navy and Army.

The Star

Editor

Recent Posts

Tinubu congratulates Rangers after winning NPFL title

President Bola Tinubu has congratulated Rangers International FC of Enugu for winning the Nigeria Premier…

55 minutes ago

INEC challenges court ruling on 2027 timetable

The Independent National Electoral Commission (Independent National Electoral Commission) has approached the Court of Appeal…

2 hours ago

Nigeria, Türkiye sign deal on solid minerals development

Nigeria and Türkiye have signed a Memorandum of Understanding (MoU) on strengthening bilateral cooperation in…

3 hours ago

Nigeria’s GDP rises by 3.89% in Q1 2026

The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) rate in real…

3 hours ago

Police arrest chef over N150m Abuja theft

The Nigeria Police Force has arrested a chef, John Cosmos Govi, over his alleged involvement…

4 hours ago

N10bn Kogi fraud: Court adjourns Ali Bello’s trial to June 2

Justice James Omotosho of the Federal High Court, Maitama, Abuja, has adjourned the trial of…

4 hours ago

This website uses cookies.