Business A.M
No Result
View All Result
Thursday, February 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Electricity

KEDCO to intensify debt recovery in 2019

by Chris
December 12, 2018
in Electricity, Energy

 Kaduna Electricity Distribution Company will be more aggressive in its drive to recover all outstanding electricity bills next year in order to bridge its revenue deficit, in an attempt to make enough revenue to meet its obligations.

According to a statement by Abdulazeez Abdullahi, the company’s head, Corporate Communications, the company is hoping to at least attain 80 percent billing and collection efficiencies, saying that “our monthly target should not be anything less than N3.6 billion if we are to meet our obligations to the electricity market.”

Haruna while lamenting about the huge revenue deficit currently being experienced by the company, which stood at over N2 billion every month, said that “the company is taking energy worth about N4 billion every month from the national grid and only about N1.7 billion is being realized monthly.

The electricity boss also directed the departments concerned to focus on identifying all unregistered electricity consumers in the company’s franchise and ensure that all unregistered electricity users are captured in the billing programme accordingly and the revenue collected.

He also charged the staff of the electricity distribution company to work as a team and key into the current ICT revolution, stating that the company has developed some value addition applications that will inject more efficiency in work processes and service delivery, but are not being optimally utilized by some personnel.

Previous Post

China’s crude imports hit 10.4 million barrels per day in November

Next Post

Equities market rebounds by 0.34% on modest gains in Dangote Cement, others

Next Post

Equities market rebounds by 0.34% on modest gains in Dangote Cement, others

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026
Egbin Power targets youth employability with tech skills initiative

Egbin Power targets youth employability with tech skills initiative

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026
Bayern Munich emerges Europe’s most complete football club in data-led ranking

Bayern Munich emerges Europe’s most complete football club in data-led ranking

February 12, 2026
Capital reforms slow once-buoyant credit insurance market

Capital reforms slow once-buoyant credit insurance market

February 12, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

    0 shares
    Share 0 Tweet 0
  • Egbin Power targets youth employability with tech skills initiative

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M