The Ibadan Electricity Distribution Company (IBEDC) has spent N4.5 billion in providing electricity infrastructure in the last 10 months.
Company’s Managing Director, John Donnachie, who made this known on Monday, added that IBEDC has just taken delivery N1 billion worth of equipment to help facilitate network development and stabilisation, in an effort to meet its customers’ electricity needs.
Donnachie, who played host to some journalists at the company’s Eleyele Injection Substation, where he, along with the management team conducted the journalists on a tour of the facility, said this was in tandem with the company’s strategy improved customer service delivery.
Donnachie said the company has just recently invested more than N1 billion in the purchase of some equipment in an attempt to facilitate network development and stabilisation.
The MD said the company is focusing on improved and enhanced customer service delivery and is developing proper metering plans, and as such it has “spent about N4.5 billion on metering so far this year.”
According to him, the company has just taken a delivery of over N1 billion equipment that would help “facilitate enhanced customer service, network stabilisation, network development.”
Donnachie, who said the company was working to fix some of the old problems in terms of estimated billing, said the new billing system is up and running and appeal to company’s customers to pay their bills.
It will be recalled that the company recently launched a new billing system, tagged Electricity Management System (EMS), which allows customers to pay their electricity bills without physically being at payment points.
Donnachie, therefore, appealed to customers to pay their bills in order to help the company invest in more infrastructures that will boost electricity distribution.
“We are asking our customers to please pay us because if they don’t pay us, we cannot get money to pay for these investments. We can’t give better service or better electricity if don’t have money to invest. I can tell you we are currently collecting N3.5 billion but we should be collecting N4.5 billion and that because majority of our customers are not paying their bill. A minimum of 56% of our people are not paying,” he said.