The Kano Electrical energy Distribution Firm (KEDCO) has reconnected energy to Aliko Dangote College of Science and Expertise, Wudil, owned by Africa’s richest man- following the cost of N100 million.
Vice Chancellor Prof. Musa Yakasai confirmed the restoration in an interview with the Information Company of Nigeria (NAN) on Friday. He said that the ability provide was restored to the establishment at round 4pm after the cost.
About 4 days in the past, the college was plunged into darkness on account of a sudden disconnection by KEDCO over a N248 million debt. The disconnection occurred regardless of the college’s cost of N20 million out of its N60 million month-to-month invoice.
Yakasai attributed the decision to the immediate intervention of the Kano State Authorities and the Dangote Basis, which made an preliminary cost of N100 million to KEDCO.
The state authorities has dedicated to settling the excellent liabilities, whereas the Dangote Basis is exploring sustainable options, equivalent to photo voltaic mini-grids, to stop future disruptions.
The college administration expressed gratitude to all events concerned and urged the neighborhood to help even handed electrical energy utilization.
What to know
Aliko Dangote’s College joins many different increased instituitions tormented by the hike in electrical energy tariff.
Earlier Nairametrics reported that the College of Jos was grappling with a steep enhance in its month-to-month electrical energy invoice, which has surged by 300% to N80 million as threats of disconnection looms.
The administration of the Jos Electrical energy Distribution (JED) Plc already issued a disconnection threat because of the establishment over unpaid payments, including to the college’s {financial} woes.
This sharp rise in prices was disclosed by the Vice Chancellor, Prof. Tanko Ishaya, throughout a peaceable protest led by members of the Educational Workers Union of Universities (ASUU) on the establishment.
Additionally, the Vice-Chancellor of the College of Ilorin, Professor Wahab Egbewole, raised alarms over the establishment’s skyrocketing month-to-month electrical energy invoice, which has surged from N70 million to an unsustainable N230 million.
In an electronic mail disseminated to college workers and college students, a duplicate of which was made accessible to the press in Ilorin Egbewole attributed the rise to latest tariff hikes imposed by the Ibadan Electrical energy Distribution Firm (IBEDC).
Backstory
The Nigerian Electrical energy Regulatory Fee (NERC) accredited a rise in electrical energy charges for Band A customers. NERC Vice Chairman, Musliu Oseni, introduced in a press assertion that the brand new tariff can be N225 per kilowatt hour, up from the earlier price of N66 per kilowatt hour.
Regardless of this important hike, NERC additionally made changes to the alternate price used for calculating the tariffs. From Might to December 2024, the alternate price has been decreased by 16.03%, from N1,463.3/$ to N1,277.8/$. This discount goals to mitigate among the {financial} impacts on customers following the tariff enhance.
These adjustments have been outlined in NERC’s Multi-Yr Tariff Order (MYTO) for the Might to December 2024 interval. The adjustment within the alternate price is a part of the fee’s efforts to stability the necessity for income within the electrical energy sector with the {economic} realities confronted by customers. This choice displays NERC’s ongoing technique to make sure sustainable electrical energy pricing whereas addressing the challenges of forex fluctuations and inflation.
