The Northern Electricity Distribution Company Limited (NEDCo), as part of its revenue mobilisation exercise, has disconnected power supply to three state institutions for owing in excess of eight million Ghana cedis.
The institutions are the Tamale College of Education, Bagabaga College of Education, and the Aliu Mahama Sports Stadium, which owe GHc3.5 million, GHc4.1 million, and GHc466.000.00, respectively.
They have been ordered to pay 70 per cent of their indebtedness before power would be restored and come out with plans to urgently clear the rest of the debts.
The Tamale Technical University, which owes GHc3.3 million, was not disconnected because it already had an arrangement with NEDCo to pay its bills on agreed schedules, and it had also promised to clear GHc100,000.00 of the debt by Wednesday, April 19, 2023.
Mr Osmani Ayuba Aludiba, the Managing Director of NEDCo, who led the revenue mobilisation exercise in Tamale, told journalists that the company was determined to sustain the project to keep it afloat.
The company would review the payment plan it had with the Tamale Technical University to quicken the pace of payment, he said.
NEDCo’s customers currently owe GHc1.2 billion while NEDCo also owes the Volta River Authority and the Ghana Grid Company Limited GHc1.6 billion, and GHc481 million, respectively.
It, however, spends GHc120 million monthly to supply power to customers but collects GHc85 million monthly from them.
Follow News Ghana on Google News
- President Commissions 36.5 Million Dollars Hospital In The Tain District
- You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
- I Will Lead You To Victory – Ato Forson Assures NDC Supporters
Visit Our Social Media for More
About Author
