EKEDP cuts ATC&C losses to 19.7% as Senate backs reforms
By Udeme Akpan, Energy Editor The Senate Committee on Privatisation has commended Eko Electricity Distribution Plc (EKEDP) for improving its operational performance since the privatisation of Nigeria’s power sector, while promising to escalate the challenges of mounting government debts and transmission constraints to the Minister of Power.
EKEDP reaffirmed its commitment to working with the National Assembly, the Ministry of Power, the Nigerian Electricity Regulatory Commission (NERC) and other stakeholders to sustain improvements in electricity supply and accelerate investments needed to meet growing electricity demand across its franchise area.
The company also listed inadequate electricity generation, recurring gas supply disruptions to generation companies and the huge debts owed by MDAs and the armed forces as major issues undermining collection efficiency and liquidity across Nigeria’s electricity value chain.
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