The Management of the Ibadan Electric Distribution Company (IBEDC) has revealed that the Oyo State Government led by Gov Seyi Makinde owes a whopping N450million in electricity fees in the last three years.
The staggering debt was revealed in a statement signed by the Chief Operating Officer, Engr. John Ayodele, where IBEDC accused the Oyo State Government of shutting down its offices statewide after the distribution company disconnected the state government secretariat for its huge debt.
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According to Vanguard, the Oyo State Government on the morning of Wednesday, 8th February, 2022 commenced the sealing of the IBEDC offices within the state over some suddenly contrived debts labelled revenue bills and personal income without due notification.
In response, IBEDC described the move by the Oyo State Government as arm-twisting tactics that could have a damaging effect on service delivery.
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The statement reads, “No business in this country can run successfully with such a huge outstanding, the power we distribute to customers must be accounted for and paid for, we have no choice but to disconnect the Oyo State Secretariat, so it is worrisome to see that the government has sealed off our offices with this underhand and arm twisting tactics, instead of paying the debt owed.
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“This was not done in good faith and it would have damaging effect on the business and service delivery to our customers .
The COO appealed to Governor ‘Seyi Makinde to look into the matter in the interest of all concerned, adding that this would further exarcerbate the power challenges and pressure on residents and commercial activities within the state.
“IBEDC engages in essential services to the public and the effect of this arm twisting tactics can at best be imagined if not quickly arrested,” the statement concluded.