KEDCO cuts electricity supply to Dangote varsity over N248m debt
KEDCO cuts electricity supply to Dangote varsity over N248m debt
Story from Uji A ILIYASU
The Kano Electricity Distribution Company (KEDCO) has disconnected the power supply to Aliko Dangote University, Wudil, over an outstanding debt running to N248m.
The managing director of KEDCO, Alhaji Abubakar Yusuf, told this journalists on Monday that the company had no choice but to take the action.
He said that the institution only made payment of N20m out of the outstanding N248 million.
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Yusuf vowed that the power supply would only be restored if the management made “appreciable payment’.
He further explained that KEDCO was spending heavily to purchase power from the Transmission Company of Nigeria (TCN), hence the need to redouble efforts toward revenue generation.
“I urge all institutions, including federal and state entities, as well as agencies, to settle their outstanding debts.
“We have measures in place to ensure collection of monies owed us,” Yusuf said.