We Disconnected Oyo State Secretariat For Owing N450 million, Now Seals Off Our Company – IBEDC



The Ibadan Electricity Distribution Company, IBEDC in a statement signed by the Chief Operating Officer, Engr. John Ayodele, said the Oyo State Government is owing IBEDC a whopping consumption outstanding of N450 million for three years.


He explained that the company as part of efforts to get the outstanding paid initiated several engagements through correspondences and physical meetings, but all these efforts yielded no result .


It read: “No business in this country can run successfully with such a huge outstanding, the power we distribute to customers must be accounted for and paid for, we have no choice but to disconnect the Oyo State Secretariat, so it is worrisome to see that the government has sealed off our offices with this underhand and arm twisting tactics, instead of paying the debt owed.



“This was not done in good faith and it would have damaging effect on the business and service delivery to our customers.”



The company implored Governor Seyi Makinde to look into the matter in the interest of all concerned as this would further worsen the power challenges and pressure on residents and commercial activities within the state.



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Iyawo Ramoni
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