Abuja Electricity Distribution Company (Disco) said it has not been making profit since it took over the distribution arm of electricity five years ago in the country and could not give what it did not have.
The Managing Director and Chief Executive Officer of Abuja DISCO, Mr Ernest Mukwoya, made this known in his speech during the launch of a new Energy magazine, “Power Update Magazine.” He said some of the equipments inherited by the Abuja DISCO were as old as 115 years.
He blamed consumers and vandals for compounding the problems in the sector, lamenting that the constant vandalism of equipment and non-payment for the services delivered had affected distribution in no small way.
According to him, the tariff being charged presently could not meet the cost of distribution, saying Abuja DISCO paid N10 billion for the supply of pre-paid meters for some time now but had received only 300,000 pieces of the equipment.
While insisting that the number was grossly inadequate for customers in its areas of operation, Mukwoya said “Power sector is where it is today because for over 150 years, we cannot electrify all our towns and cities because of these various problems and we want the Media to help in enlightening the consumers on their need to join hands with the Company towards paying their dues always and on the implication associated with vandalism of Power equipment across the country.
