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Power: IBEDC to Upgrade Metering System, Meet Global Standard 

Power: IBEDC to Upgrade Metering System, Meet Global Standard  The Management of Ibadan Electricity Distribution Company has announced an upcoming upgrade for its Standard Transfer Specification prepaid meters to enhance efficiency and align with global standards. The upgrade, known as Token Identification Rollover, aims to ensure...

Ibadan Disco Laments N8.5bn MDAs Debt

Ibadan Disco Laments N8.5bn MDAs Debt       Ibadan Electricity Distribution Company Plc has said it is owed over N8.5bn by ministries, departments and agencies of government. IBEDC, which covers Oyo, Ogun, Osun and Kwara states as well as part of Kogi, Ekiti and Niger states, put the...

IBEDC Sets Up Team To Curb Commercial Losses

IBEDC Sets Up Team To Curb Commercial Losses   Financial losses arising from commercial and technical losses have been a major challenge to electricity distribution companies (DisCos). To stem this trend and improve power supply to consumers, Ibadan Electricity Distribution Company (IBEDC) has set up a...

Ibadan Disco MAPs To Provide 958,00p Meters To Customers

Ibadan Disco MAPs To Provide 958,00p Meters To Customers   Ibadan Electricity Distribution Company has said it will provide 958,000 meters to its customers in the next three years under the Meter Asset Provider scheme. The IBEDC said it was working with seven meter asset providers to...

IBEDC: We Lose Over N2.5bn Monthly To Vandals, Unpaid Bills

IBEDC: We Lose Over N2.5bn Monthly To Vandals, Unpaid Bills   The Ibadan Electricity Distribution Company (IBEDC) says it loses over N2.5 billion monthly to vandalization of its power installations and customers who refused to pay their electricity bills. Speaking during the commissioning of its office/electricity consumers’...

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended …DisCo gets court injunction to continue The Nigerian Electricity Regulatory Commission (NERC) still insists that the board and management of the Ibadan Electricity Distribution Company (IBEDC) remain suspended for giving an unauthorised loan of N6 billion...