Skip to main content

N4.4bn debt: Kaduna DISCO seeks National Assembly intervention

national-assembly
The Managing Direc­tor/Chief Executive Officer of Kaduna Electricity Distribution Company, Mallam Idris D. Mohammed, has appealed to the National Assembly to intervene in the N4.4 billion debt owed it by military for­mations and the police.

Mohammed said the inter­vention by the National As­sembly had become impera­tive in order to get the security agencies to pay up the N4.4 billion they owed the company.

The Kaduna DISCO CEO made the appeal when the Chairman, Senate Committee on Privatisation, Mr. Olug­benga Obadara paid a courtesy visit to the firm.

Mohammed equally en­joined the committee to strengthen the existing legis­lation to deal with vandals of electricity installations in the country and power theft.

He added that the man­agement had embarked on systematic and result-driven restructuring of the workforce before handing over to the new investors.

Responding, Obadara af­firmed that government had no business running businesses while commending the Bureau of Public Enterprises (BPE) for effectively carrying out its assignment, especially the pri­vatisation of the power sector.

He advised the Transitional Committee of Kaduna DISCO to work harder to recover the debts owed the company by the military formations and the police.



THE SUN

Comments

Popular posts from this blog

POTENTIAL ENGLAND WORLD CUP 2018 STARTING XI

Joe Hart – Goalkeeper Currently still only 27, Hart definitely has atleast another World Cup left in him, and as he’s currently on of the best keepers in the Premier League, he’ll almost certainly still be at the top in 4 years, as goalkeepers tend to peak a lot later than outfield players.

Cinema 4D: Tearing Cloth effect Using Cloth Tag and Field System

THE FIRE ON 23 ROAD – FESTAC, LAGOS

A fire outbreak occured on 23 Road in Festac on Saturday the 14th, February, 2015 which is the popular Valentine's day. Jouleconcept's correspondent, Mr Juwah Awele covered the story and gave a report in form of an article about the occurrence. This can be read below: “There is fire in house 2! There were children locked inside the house…” those were the words of my elderly neighbour, Mrs A, returning from the scene of some ongoing tragedy. Immediately, my mother went for all our official documents she always keeps in a ready to go bag while, my father, brother and I set off in the direction of the blaze. On getting to the front of the close, T Close, we observed the residents of the first few houses on the left hastily withdrawing their belongings from their homes; stuffing generators, plasma TVs, gas cylinders and the works into the back seat of their cars. Some had already driven their cars away! Immediately, we realised the fire was coming from the next cl