IBEDC set to provide steady 15- hour electricity supply

The Ibadan Electricity Distribution Company
(IBEDC) has revealed that residents of the city will
soon be receiving a minimum of 15 hours supply
of electricity every day adding that it is currently
working towards achieving this goal.
This was revealed by the Managing Director of
IBEDC, Mr. Fortunato Leynes at a knowledge
sharing event where a paper titled, ‘Strategic
transformation imperatives: From public to private
enterprise’, was delivered by the Executive Director
of the Institute of Workforce Development, Tayo
Aduloju.
Leynes said that there is an urgent need to
improve power generation capacity to 5,000
megawatts in order to provide stable electricity in
Nigeria and efforts were being made to achieve
this.
“One of the major challenges confronting the
sector is the absence of enough power generating
capacity to distribute to our customers. We cannot
generate enough revenue if we cannot do this.
The other challenge is that we met dilapidated
electrical facilities when we took over. A lot of
money is required to reconstruct the electrical
distribution network. If we do not generate enough
revenue, then we cannot do that,” Leynes said.
He further added that, “The estimated generating
capacity should be at the level of 5,000MW but
what we have now is just around 4,000MW.
Sometimes it went down to 3,000MW. Right now,
what we have is around 3,600MW. The activities of
vandals are another major hindrance to the
improvement in power distribution.
“We are working hard to provide more that 15
hours of electricity per day to our customers once
power generation improves. We have more that
1.1 million customers but there are many others
who steal our product because they connected
light illegally. We will make them legitimate
customers soon.
We are also buying meters for our customers.
Meter application is now through the credit
advance payment for meter installation. Customers
can now visit our business unit and apply. Under
the scheme, customer will pay for the meter and
we will return the money over a 36-month period
with all the corresponding interest.”