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Reading: IBEDC Decries N28bn Debt Owed By Ogun Customers  
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Business > IBEDC Decries N28bn Debt Owed By Ogun Customers  
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IBEDC Decries N28bn Debt Owed By Ogun Customers  

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Last updated: October 24, 2023 6:15 pm
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3 years ago
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The Ibadan Electricity Distribution Company (IBEDC) has disclosed that customers in the Sango and Ota axis of Ogun state owed the company N28 billion.

The Lead Media Relation, IBEDC, Mrs. Busolami Tunwase, stated this during a stakeholders’ meeting in Joju, Ota, Ogun state recently.

Tunwase, who represented the Chief Executive Officer of IBEDC, Mr. Kingsley Achife, said the N28 billion electricity debt was owed by residential customers and not industries.

“We are appealing to customers to urgently pay their bills for the company to survive and effectively carry out our business operations. The accumulation of debts is hampering the operations of the company because we have requests and obligations to fulfill.
Not paying for electricity consumed is energy theft, which is punishable and attracts jail term,” she said.

Tunwase said the new electricity bill signed into law by President Bola Tinubu gave room for punishment to anyone caught stealing electricity.

She admonished customers to refrain from bypassing, illegally removing, or moving the meter to another location, damaging the meter to avoid paying the bill, illegal connections, among others.

Tunwase noted that payments received provided the electricity value chain with the needed revenue to improve service.

She advised them to desist from using substandard meters, which are prone to serious dangers to the people.

Tunwase added that such erring customers with illegal meters should be reported to the appropriate channel as using illegal meters was an offence.

She also warned customers against assaulting its officials in the course of discharging their duties to avoid the wrath of the law.

A customer, Mr. Tunde Adeyemi, said there was a need for IBEDC to redouble its efforts to provide stable electricity for residents.

Adeyemi lamented that the epileptic power supply in Sango and its environs was affecting the livelihoods of people negatively, adding that IBEDC also needed to address higher electricity bills to prevent shortchanging the public.

Adeyemi also appealed to IBEDC to make pre-paid meters available to customers to enhance its operation.

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TAGGED:Arrears managementDebtDebtorselectricity distributionFinancial arrearfinancial impactIBEDC (Ibadan Electricity Distribution Company)Ogun customersOutstanding paymentsUtility bills
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