-The University of Ibadan College Hospital (UCH) was disconnected from the national grid due to an outstanding debt of N400 million owed to the Ibadan Electricity Distribution Company (IBEDC).
-The disconnection followed UCH’s failure to fulfill its promise to clear the debt, despite previous engagements with IBEDC.
-IBEDC cited increasing pressure to meet its financial obligations as the reason for the disconnection, highlighting the impact of outstanding debts from major customers like UCH on Nigeria’s power sector.
-IBEDC expressed a willingness to discuss a flexible payment arrangement with UCH but emphasized the importance of timely payments for the stability of the electricity distribution system.
-UCH has faced difficulties in managing its energy costs, especially after the Band A tariff increase, which contributed to the accumulation of the debt.
Peoplesmind