Kano Disco currently operating at a loss – MD

The Kano Electricity Distribution Company has expressed concern over the refusal of some of its customers especially owners of residential houses to pay their bills, stressing that the company is operating at a loss.

The Managing Director of the company, Dr Jamilu Gwamna, made the complaint during KEDCO’s Marketing Conference held at Minjibir Golf Resort in Minjibir local government area of the state. He said it was unfortunate that only less than 30 per cent of its residential customers were paying their bills which is an indication that the company is operating at a loss.

The Managing Director, who promised to address all the challenges bedevilling the company including customers’ complaints, said the company would bring more investors with a view to ensuring effective performance. He said the company which has the capacity to take 1,800 megawatts, has been able to break through the pre-restructuring N1.5 billion collection barriers to N2.7 billion.

Source: The Eagle

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