The Ibadan Electricity Distribution Company Plc (IBEDC) and Oyo State Government have resolved to settle their differences and work together in the interest of the public.
The power distribution company announced earlier this week of disconnecting power supply to Oyo State Government over N450 million debt.
The IBEDC’s angered Oyo State Government and, therefore, sealed the offices of IBEDC in protest against their action.
In a statement issued and signed by Barr. Temilolu Ashamu, Commissioner for Energy & Mineral Resources, Oyo State, and Engr. John Ayodele, Chief Operating Officer, IBEDC, said this is to notify the general public that the Oyo State Government and Ibadan Electricity Distribution Company (IBEDC) Plc have resolved and agreed to work together in the interest of the public.
“The general public is hereby assured of restoration of electricity supply as soon as possible while the two parties shall continue amicable resolution of the issues in the interest of the public, including working together to make electricity meters available for residents of the state,” a statement copied to energynewsafrica.com said.
Nigeria: Privatization Of Power Sector Not A Failure—IBEDC COO
