Suggestions




N21bn MDA Debt, EKEDC Request National Assembly Intervention

July 29, 2021
by
EKEDC
EKEDC

Eko Electric Distribution Company (EKEDC) is requesting National Assembly intervention in the debt owed to the company by some government agencies which is affecting their efficiency and productivity.

Managing Director of EKEDC, Adeoye Fadebiyi, explained that the money owed is impeding the company’s efforts to invest in infrastructure upgrade to improve power supply.

Join our WhatsApp Channel

“Our prayer is that this committee will intervene on the repayment of this debt owed over the years by the MDAs,” Fadeyibi said.

“The biggest threat to our operations remains vandals and customers who illegitimately connect to the lines causing revenue loss.

Prosecution of these types of cases is often prolonged and difficult to conclude because of the technical expertise required by the bench,” he added.

Fadeyibi also called for legislation against energy theft and the establishment of electricity special courts to try offenders in the country, he added that a policy framework should be implemented to address illegal independent power producers.

The Senate Committee added that there is a need to repay this debt because EKEDC has thousands of Nigerians as employees and the company is providing a critical service which is electricity.

“We will also be looking at the issue of unauthorized persons carrying out electrical installation duties in the country because it is creating problems for the power sector,” they said.

+ posts

Kayode Shopekan

Related Posts

first of its kind study published on the positive health economic impact of overcoming blood shortages to treat maternal bleeding in sub saharan africa
Previous Story

First-of-its-kind study published on the positive health economic impact of overcoming blood shortages to treat maternal bleeding in sub-Saharan Africa

Bitcoin
Next Story

IMF Oppose Adoption Of Cryptocurrencies As Legal Tender

Featured Stories

Related Posts

Latest from News

Gunmen Attack Obi’s Convoy in Edo State

Unidentified gunmen opened fire on the convoy of Peter Obi, former Labour Party presidential candidate and current African Democratic Congress (ADC) frontrunner for the 2027 elections, on Tuesday in Edo State. The attack occurred as Obi and his entourage approached the residence

Cape Town Airport  Fire Disrupts International Flights

A fire at Cape Town International Airport on Tuesday caused major disruption to flight operations, forcing the temporary suspension of international departures and the diversion of inbound flights. The blaze, which broke out near the international terminal in the morning, led to
first of its kind study published on the positive health economic impact of overcoming blood shortages to treat maternal bleeding in sub saharan africa
Previous Story

First-of-its-kind study published on the positive health economic impact of overcoming blood shortages to treat maternal bleeding in sub-Saharan Africa

Bitcoin
Next Story

IMF Oppose Adoption Of Cryptocurrencies As Legal Tender

Don't Miss

Innoson Challenges JAMB, Scholarship Stand

Innoson Challenges JAMB, To Continue N3 Million Scholarship For UTME Top Performer

The management of Innoson Automobile Company has expressed its reservations
Nnaji Sets Up Robotics, AI Institute In Nigeria

Geometric Power Founder, Nnaji, To Receive Another Honorary Doctorate On Saturday

The founder and chairman of the Geometric Power Group, Professor