fbpx
Wednesday, January 8, 2025
30.1 C
Abuja

Eko DisCo Raises Concerns About MDAs’ N144 Billion Electricity Debt.

Eko DisCo Raises Concerns About MDAs’ N144 Billion Electricity Debt.

The acting Managing Director of the Eko Electricity Distribution Company, Mrs. Rekhiat Momoh, has disclosed that the company is currently owed N144 billion by various ministries, departments, and agencies within its operational area. This announcement was made during a visit by the House of Representatives Committee on Privatisation and Commercialisation to the company in Lagos.

Momoh highlighted that the Nigerian military, police, and several state government agencies have failed to settle their electricity debts, creating significant challenges for the distribution company. The PUNCH noted that many electricity distribution companies in Nigeria have expressed concerns that at least 20 out of the 36 state governments are not paying their electricity bills.

According to the Executive Director of Research and Advocacy at the Association of Nigerian Electricity Distributors, Sunday Oduntan, many states are in debt for electricity consumed by government houses or secretariats. He mentioned that attempts by the DisCos to recover these debts often result in their offices being sealed due to claims of unpaid taxes owed to the states.

Read Also: The Federal Government Targets 40,000 Jobs From Abuja Industrial Park.

Despite these challenges, the EKEDC CEO emphasized that the company has made significant strides in reducing its aggregate technical, commercial, and collections losses ratio. She reported a decrease in the AtC&C losses ratio from 35% in 2023 to 15.1% in 2024.

Momoh also noted that the company has successfully metered over 700,000 of its customers. This metering initiative is part of their efforts to enhance efficiency and accountability within the electricity distribution framework.

In addition, Momoh mentioned that the DisCo is collaborating with the Federal Government’s Distribution Sector Recovery Programme to procure an additional 92,000 meters for its customers. This move aims to further improve service delivery and ensure better management of electricity consumption.

The ongoing issues with unpaid electricity bills and the efforts to address them reflect the broader challenges faced by the power sector in Nigeria. As the company navigates these difficulties, it remains committed to improving its operations and serving its customers effectively.

Hot this week

New Forces Will Rise Up Against Tinubu And APC In 2025 – SBM Intelligence Report Reveals

A new political group is forming in Nigeria, mainly...

Customs Allow Promotion Of 4,291 Officers

The Nigeria Customs Service Board, which oversees the country’s...

The army has destroyed 22 Lakurawa camps and killed members in Sokoto

Troops participating in Operation FANSAN YAMMA have successfully dismantled...

Increased worries about the return of violent confrontations in Kano

Residents of Kano are voicing heightened worries regarding the...

Policemen and SSS encircle the Kano Emir’s Palace, restricting both entry and exit

Armed police forces and operatives from the State Security...

Topics

Honeywell Reloaded: Flour Mills of Nigeria Revives Its Iconic Brand

Flour Mills of Nigeria Plc (FMN), the leading food...

Fintech in Nigeria: Breaking Barriers and Driving Inclusion

Nigeria’s fintech industry continues to break barriers, driving financial...

Nigeria to Host Africa’s Largest Tech Expo

In a major boost to its tech credentials, Nigeria...

Edtech Revolution: Nigerian Startups Transforming Education

Nigeria’s edtech sector is witnessing unprecedented growth, with startups...

Telegram Sees A Rise In User Data Sharing With Law Enforcement

Recently published information from the messaging platform Telegram indicates...

BMW’s Latest User Interface Displays Widgets on the Windshield at CES 2025.

BMW is completely overhauling its in-car user interface, beginning...

Lagos Tech Summit Focuses on AI and Blockchain

The annual Lagos Tech Summit returned in 2025 with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img