Eko Electricity Distribution Company Plc (EKEDC), has said that customers under its network are yet to pay over N2.4 billion, which was part of the electricity consumed in April 2017, The Guardian reports.
The Chief Executive Officer, Eko Disco, Oladele Amoda, said the electricity company was only able to recover N4.3 billion out of N6.7 billion owed by customers. Speaking during a town hall meeting with customers under the Ojo Business District Area yesterday in Lagos, Amoda said EKDC is still battling to recover over N2.4 billion owed by customers for the month, adding that such huge debts had affected the company’s major projects.
Amoda disclosed that the Ministries, Department and Agencies (MDAs) alone currently owed over N3.8 billion.He said EKEDC is working with the committee set up by Vice-President, Prof Yemi Osibanjo, to reconcile the amount being owed by the federal government MDAs. On metering, Amoda said over 20, 800 meters had been rolled out, adding that EKEDC had also designed a methodology on monthly installation to customers within its network.