‘N88b debt, recession threaten metering’

Over N88 billion debt owed by customers and the economic downturn are responsible for the slow metering of consumers in Ikeja Electric Plc, The Nation has learnt.

The firm’s Head of Corporate Communications, Mr. Felix Ofulue, said Ikeja Electric has a robust metering programme but owing to the  recession in the country coupled with the huge debt, which is in excess of N88billion, the metering programme has been slowed down. The debts are owed by all categories of customers, including  maximum demand customers.

FULL STORY – THE NATION

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