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Five States, CTF in the dark as Labor strikes | The Guardian Nigeria News

The Federal Capital Territory (FCT), Nasarawa, Kogi, parts of Edo, Niger and Kaduna states have been plunged into darkness following industrial action by electricity workers.

The areas are primarily the responsibility of Abuja Electricity Distribution Company (AEDC) Plc, where the impact of account escrow and managerial crisis would impact worker well-being and optimal operations.

While the office was virtually deserted in the early hours of yesterday, the Transmission Company of Nigeria (TCN) said bulk electricity for the distribution company (DisCo) could not be delivered because the evacuation of energy from the injection substations in the AEDC franchise area had been disrupted. .

Nigerian Labor Congress National Vice President and National Electricity Employees Union (NUEE) General Secretary Joe Ajero did not take his phone calls, but The Guardian concluded strike was necessary by pension issues, responsibilities and non-release of the intervention fund by the Central Bank of Nigeria (CBN) among others.

As the workers were denied entry, it was learned that the intervention of Energy Minister Abubakar Aliyu would provide a temporary solution.

Privatized in 2013, the electricity sector, in addition to its failure, is in financial crisis, requiring perpetual intervention funds from the federal government.

Last year, the umbrella bank asked deposit banks (DMBs) to take over the collection of electricity bills. A circular issued by the Director of Banking Supervision, Hassan Bello, linked the decision to the recommendation of the Electricity Sector Coordination Working Group to improve payment discipline in the Nigerian supply industry. in electricity (NESI).

The DisCos are responsible for collecting revenue from the sector. While there was clamor for the increase in tariffs, the inability of the industry to improve collection and reduce losses – a fundamental part of DisCos’ key performance indicators and the inability to perform installments to Bulk Electricity Trading Company – nearly blocked the call.

Before and after the account’s escrow, CBN initiated a series of interventions in the electricity sector, but there are indications that the existing ownership crisis in the utility company affected it.

KANN Utility Company Limited, a core investor and CEC Africa (CECA) from Zambia, which reportedly paid $ 81 million in cash (equity), along with another $ 123 million loan to acquire AEDC, were disagree on the ownership of the company.

The union organization had unofficially declared that it was not against the escrow of the account of the 11 DisCos, but noted that the money approved by the government for the improvement of the electricity had not been returned to the ‘business.

AEDC Managing Director, Corporate Communications, Bode Fadipe, said industrial discord had disrupted “the power supply to some of our areas of operations, especially those on the 11KV grid.”

He added, “We would like to assure all of our customers that all hands are on deck to resolve the issues that prompted this action. We would also like to apologize to our customers for the inconvenience and disruption. “

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