The Kano Electricity Distribution Company (KEDCO) has disconnected power supply to Aliko Dangote University, Wudil, over outstanding debt of N248 million.
The Managing Director, KEDCO, Alhaji Abubakar Yusuf, told the News Agency of Nigeria (NAN) in a telephone interview on Monday, that the company had no choice but to take the action as the debt had been long overdue.
He said that the institution only made payment of N20 million, out of the outstanding N248 million .
Yusuf emphasised that power supply would only be restored, if the management made appreciable payments.
He further explained that KEDCO was spending heavily to purchase power from the Transmission Company of Nigeria (TCN), hence the need to redouble efforts towards ensuring prompt payment of bills
“I urge all institutions, including federal and state entities, as well as agencies, to come forward and settle their outstanding debts.
“We have measures in place to ensure the total collection of all accumulated debts in the state.
“Let us work together to resolve this issue and maintain a stable financial environment,” Yusuf said. (NAN).
READ ALSO: