You Must Pay Your Debt, Port Harcout Disco Tells MDAs | Independent Newspapers Limited
Newsletter subscribe

Latest News

You Must Pay Your Debt, Port Harcout Disco Tells MDAs

Posted: May 14, 2016 at 6:46 pm   /   by   /   comments (0)
Daniel Abia

The Port Harcourt Electricity Distribution Company (PHED) has said that payment of outstanding debt by government’s ministries, departments and agencies (MDAs) is of paramount importance if the electricity supply industry is to survive in Nigeria.
The company said the country’s electricity industry was in dire straits due to huge unpaid debt and this informed its recent decision to publish disconnection notices to all MDAs indebted to it.
The Chief Executive Officer, PHED, Mr. Jay McCoskey, in a statement issued by the company in Port Harcourt, stated that the refusal of MDAs to pay their long-standing debt represented the biggest worry of the distribution companies in the country today.
According to him, distribution companies were already grappling with too many issues such that adding MDAs would constitute a burden too big for the industry to bear.
“As a distribution company, PHED inherited a weak network, a relatively small customer base compared to the population, massive electricity theft and several other social ills related to electricity supply. For MDAs therefore, to join these barrage of problems by continuously refusing bills payment is like a death sentence to the industry.”
McCoskey added that given the huge revenue shortfall that PHED like other distribution companies were experiencing, mass disconnection would have to be done to force a change in the payment habits of consumers.
“We have issued disconnection notices to all MDAs while at the same time engaging all other indebted customers to ensure that they paid their bills. The industry no longer runs on government subvention,” he noted.
McCoskey said further that there would be marked improvement in service delivery once there is better collections from customers, especially MDAs, adding that PHED had already demonstrated this by recent initiatives that it has embarked upon.
According to the CEO:  “Our goal is to provide our customers reliable service in terms of power supply and overall customer experience. That is why we recently launched a 24×7 call centre and invested heavily in several building commercial lines that provide dedicated power to commercial users.
“We believe that by giving power to companies, factories and industrial outfits, such organizations will be able to continue to produce their goods and offer services competitively and keep people employed. We hope that we will get government support through prompt payment of bills and historical debts by MDAs.”
Port-Harcourt Electricity Distribution Company, (PHED), is a privately held company partly owned and managed by 4Power Consortium Nigeria Limited. The firm operates in the four states in the South-South geo-political region of Nigeria namely; Akwa Ibom, Bayelsa, Cross River and Rivers states. PHED has a vision to be the most efficient and sustainable utility in Nigeria and best provider of services.