EKO Disco Throws National Theatre In Darkness Over N9m Debt

national-theatre

Electricity supply to the National Arts Theatre in Lagos has been disconnected by the Eko Electricity Distribution Company Plc (EKEDC) on Sunday over an unpaid N9m debt.

Mr. Idemudia Godwin, General Manger, Media Communications of EKEDC, disclosed this in Lagos in an interview with the News Agency of Nigeria (NAN), as he added that the complex was disconnected after several appeals and demand notices went unheeded.

According to him, the debt is an accumulation of unpaid bills over time. We don’t disconnect without serving notice.

“Besides, we recently ran a newspaper advertisement informing all EKEDC debtors of Ministries and Departmental Agencies (MDAs) of our intention to disconnect them.

“We have commenced disconnection of all historic debtors, including residential, commercial, industrial and government establishments within our network,” he said.

The EKEDC spokesman said that the debts owed by some customers is taking its toll on the company, adding that it is seriously impacting negatively on the entire value chain in the power sector equation.

he said only 25 per cent of this debt actually belongs to DISCOs, the rest is for other companies in the value chain— generating companies, bulk traders, gas suppliers, among others.

“So if you do not pay and you accumulate debt, what you are looking at is a possible total collapse of the entire power sector. That is what we seek to avert by this action. We need this fund to energise the power sector; to ensure electricity supply and to grow the sector,” Idemudia said.