EKEDP cuts ATC&C losses to 19.7% as Senate backs reforms

By Udeme Akpan, Energy Editor

The Senate Committee on Privatisation has commended Eko Electricity Distribution Plc (EKEDP) for improving its operational performance since the privatisation of Nigeria’s power sector, while promising to escalate the challenges of mounting government debts and transmission constraints to the Minister of Power.

The assurance was given during an oversight visit by the committee to EKEDP’s headquarters in Marina, Lagos, where lawmakers reviewed the company’s performance, infrastructure investments and the challenges affecting electricity distribution within its franchise area.

Chairman of the Senate Committee on Privatisation, Senator Shuaibu Isa Lau, praised the utility for its remarkable progress since the committee’s last visit in 2024.

“We have seen significant improvements in EKEDP’s operations since our last oversight visit. The concerns raised, particularly the outstanding debts owed by Ministries, Departments and Agencies (MDAs) and the armed forces, as well as the metering challenges, will be taken up with the Minister of Power for necessary intervention,” Lau said.