Monday, 19 September 2016

Ibadan Electricity Distribution Company Should Look For Funds- BPE

The Acting Director-General, Bureau of Public Enterprises, Dr. Vincent Akpotaire, has called on the management of the Ibadan Electricity Distribution Company to source for long-term funds from diverse sources in order to solve the metering challenge and improve tariff collection.
Akpotaire said this during the visit of the BPE’s monitoring team to the headquarters of IBEDC in Ibadan, adding that the company had contractual obligations to improve on electricity distribution in its coverage areas, while also assuring that the Federal Government was working hard on how to improve on power generation, which power distribution companies said was a major hindrance to their performance.
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