Nigeria: KEDCO Advises Unions To Shun Attempt To Disrupt Services

Nigeria-based Kano Electricity Distribution Company (KEDCO) has announced the resolution of the recent industrial action initiated by the National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC).

As a result, normal services have been fully restored in KEDCO’s operational areas.

In a statement, KEDCO expressed concerns about the unions’ move to disrupt services as a means of pressing their demands, describing it as “unfortunate” despite ongoing efforts by management to engage in dialogue and address outstanding labor-related concerns.

The company acknowledged the existence of unremitted pension deductions that have accrued over the past 11 years.

Upon takeover in December 2023, KEDCO’s current core investor was outraged about how the pension liabilities were allowed to accrue to the tune of over ₦3 billion.

The current core investor took over a distressed DisCo that had previously been struggling financially and operationally, losing almost ₦3 billion monthly and only able to settle 59% of its market obligations.

This resulted in a slight increase in pension liabilities as the business was being stabilized. Kano DisCo is now remitting 100% of its market obligations and is the most improved DisCo in the NESI under the stable leadership of the current core investor, board, and management.

KEDCO commended the Kano State Government for its proactive and constructive intervention in resolving the recent strike. The Kano State Government, led by the Hon.

Commissioner for Power and Renewable Energy, Engr. Gaddafi Sani Shehu, demonstrated laudable leadership by engaging with unions and KEDCO management to address all concerns toward an amicable resolution.

The company reiterates its commitment to fostering a stable, fair, and productive work environment.

KEDCO is actively engaging with all relevant stakeholders to implement long-term and sustainable solutions to address lingering labor-related issues and deliver value to staff and customers.

Source:https://energynewsafrica.com