₦airaland Forum

Eko Electricity Distribution Company (EKEDC) asked the National Assembly to intervene in the debt owed to the company by Ministries, Departments and Agencies (MDAs) which total about N21 billion.

This was disclosed by the Managing Director, EKEDC, Mr Adeoye Fadeyibi, during a visit of the Senate Committee on Privatisation to the company on Tuesday, in Lagos. The Committee was led by its Chairman, Sen. Theodore Orji.

The EKEDC revealed the government agencies were its largest debtors and has devised strategies to commence repayment of the debt by MDAs, citing worries that the inability of the DisCo to collect its debt owed is impeding its efforts to invest in infrastructure upgrade to improve power supply.

“It is our prayer to this committee to intervene on the repayment of this debt owed over the years by the MDAs,” Fadeyibi said.

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

Prosecution of these types of cases are often prolonged and difficult to conclude because of the technical expertise required by the bench,” he added.
https://nairametrics.com/2021/07/28/power-ekedc-asks-national-assembly-to-intervene-in-n21-billion-mda-debt/

To start with I bet the debt is far greater than ₦21b, but see how they declined to name the MDAs as "biggest threat to our operations".

EKEDC would go to court if they were serious. Even if they did not get paid they'd have a judgement.

MDA is broke niyen

as in

arkonpoint:
MDA is broke niyen

That's not a reason not to pay their debt and plunge the nation into darkness. If it were publicly listed it's shareholders should ask for the head of its chairman and managing director.

budaatum:
That's not a reason not to pay their debt and plunge the nation into darkness. If it were publicly listed it's shareholders should ask for the head of its chairman and managing director.

Let their avengers disconnection team go and do what they do best na.

Why are they crying

Plomo:
Let their avengers disconnection team go and do what they do best na.

Why are they crying

I do not think they have the balls to cut off electricity to government agencies.