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

Police re-arrest Portable over assault

The operatives of the Lagos State Police Command have reportedly arrested controversial singer, Habeeb Okikiola,…

1 hour ago

Foden beats Palmer, others to win Premier League Player of the Season

Manchester City midfielder Phil Foden has been named the Premier League's Player of the Season.…

2 hours ago

Roberto De Zerbi quits as Brighton coach

Brighton manager Roberto De Zerbi has announced he will leave the Premier League club at…

2 hours ago

EFCC hands over $22,000 recovered from internet fraudster to FBI

The Economic and Financial Crimes Commission (EFCC) has handed over the sum of $22,000 recovered…

2 hours ago

NDDC to unveil N84bn projects in Niger Delta

The Niger Delta Development Commission (NDDC) will over the next two weeks commission 92 infrastructure…

3 hours ago

FG appoints Jega, Olanipekun, Udoma, Elechi Governing Council members

The Federal Government has released the list of governing councils for 111 federal universities, polytechnics,…

3 hours ago

This website uses cookies.