Home BUSINESS Kano DisCo cuts power supply to Dangote University over N248m Debt

Kano DisCo cuts power supply to Dangote University over N248m Debt

Kano DisCo cuts power supply to Dangote University over N248m Debt
Kano disco cuts power supply to dangote university over n248m debtThe 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.
He said that the institution only made payment of N20 million, out of the outstanding N248 million.
Yusuf vowed that power supply would only be restored if the management made “appreciable payment’.
He further explained that KEDCO was spending heavily to purchase power from the Transmission Company of Nigeria (TCN), hence the need to redouble efforts toward revenue generation.
“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 collection of monies owed is,” Yusuf said.

Punch reports that, narrating the higher institution’s ordeal to newsmen on Monday, the Dean of Students’ Affairs of the university, Prof. Abdulkadir Dambazau, said efforts to convince KEDCO to reconnect the institution back to the national grid fell on deaf ears, as the company insisted on the settlement of the entire bill.

Such efforts, Dambazau said, included the payment of N20 million, which, according to him, was the university’s enhanced monthly subvention from the state government.

With its population of 28,000 people, he said the university is grappling with numerous difficulties in running its services, including academics and water supply.

“Electricity is critical to the operations of the institution in view of its nature as a University of Science and Technology,” Dambazau said.

The dean said the situation might degenerate when students of the university fully return from their end-of-semester break.

He also disclosed that the university embarked on a local load shedding in order to reduce the electricity consumption level, noting that the monthly bill slightly dropped to a little over N50 million.

He said the situation compelled the university to write to the state government to intervene and bail it out of the predicament, adding that the request is under government’s consideration.

Dambazau noted that there are three options now left for the university in the circumstances – the state government to bail it out of the situation, students to bear the burden or the management to shut down the institution.