KEDCO Cuts Power Supply to Dangote University Over N248m Debt |
The Kano Electricity Distribution Company (KEDCO) has disconnected the power supply to Aliko Dangote University in Wudil due to an outstanding debt of N248 million.
In a telephone interview with the News Agency of Nigeria (NAN) on Monday, KEDCO's Managing Director, Alhaji Abubakar Yusuf, stated that the company had no choice but to take this action.
He mentioned that the university had only paid N20 million out of the N248 million owed.
Yusuf emphasized that the power supply would only be restored if the university management made a significant payment.
He further explained that KEDCO incurs substantial costs to purchase power from the Transmission Company of Nigeria (TCN), necessitating increased efforts to generate revenue.
“I urge all institutions, including federal and state entities, as well as agencies, to settle their outstanding debts.
“We have measures in place to ensure the collection of monies owed to us,” Yusuf said. (NAN)