KEDCO targets N48b in 2019
Kano Electricity Distribution Company (KEDCO) says it had put in place all the necessary modalities to boost its revenue generation in 2019. Dr Jamilu Isyaku Gwamna (Sardaunan Gombe), The Managing Director of KEDCO disclosed this at the just concluded marketing conference which held recently in Kano.
Dr Gwamna said that assessment had been done and strategies put in place, noting that the result of such assessment was already yielding the expected results, adding that such result had necessitated the N48billion target for 2019, which translate to N4billion every month. He said that KEDCO’s collection before now was put at N1.5billion, adding that after the per-restructuring strategy, collection increased to N2.7billion.
“ We have done our assessment and based on that, strategies have been developed so as to achieve the desired result and target for 2019. Before now, our collection was put at N1.5billion.
“After the per-restructuring collection, we were able to up our collection by N1.2billion to have N2.7billion. This is huge, and we hope to consolidate on that in the coming year,’’ he said.
The CEO noted that there were other consolidated gains of restructuring, which he enumerated to include` `achieving book code realignment, feeder metering, customer asset validation tagging and indexing, increased deployment of working tools and safety gears and staff training and retraining.
The Kano DisCo boss explained that the target of N4billion in 2019 would be pursued using four strategies. he said: our strategies to achieve our target are to be a responsive and customer centric company, improve synergy with stakeholders.
“Creating a flat structured organization where everyone has the opportunity to influence the direction of the company and building an ecosystem approach in order to solve problems and open new opportunities.
Dr Gwamna added that the N4billion target collection of the company would be in compliance with the satisfaction of customers, adding that 2019 would be a priority year to minimize complaints from customers while assuring a world class customer service delivery.