Eko Disco To Recover N1.3bn Debts – MD

Eko Disco To Recover N1.3bn Debts – MD

The Management of Eko Electricity Distribution Company Plc (EKEDCP) on Thursday said that over N 1.33 billion was yet to be collected from customers for their bills in March, The Nation reports.

Its Chief Executive Officer, Mr Oladele Amoda, disclosed this during a stakeholders’ consultative forum with Lekki customers in Lagos to rub minds on how to address payment of electricity bills. Amoda, who was represented by the company’s Chief Operating Officer, Mr Sam Nwaire, said that the company recovered N4.8 billion payment out of N6.1 billion owed by customers for March.

He said that the company was still battling to recover over N1.3 billion debt being owed by customers for the month, adding that such huge debts had affected the company’s major projects. Amoda said that the 20% compensation promised to anyone who reported energy theft by unscrupulous elements was yielding good results. He said that the company recorded high rates of customers who came to report those engaging in such acts.

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