One of the main power distribution companies in Nigeria, Ibadan Electricity Distribution Company (IBEDC), provides service to a sizable portion of the South-Western region of the nation. In its operational areas, which include the states of Oyo, Ogun, Osun, Kwara, as well as portions of Niger, Kogi, and Ekiti, the company is in charge of distributing electricity to more than 3 million customers.
Asset Management Corporation of Nigeria (AMCON) took over the management of IBEDC following the judgement by a Federal High Court on 8 September 2021. The granted orders in its favour as Receiver/Manager of Integrated Energy Distribution and Marketing (IEDM) Limited, IBEDC’s core investor, over default in Loan Service Agreement.
But according to reports, February 2023, there has been a recent court injunction to restrain AMCOM from selling IBEDC and to act as the manager. As reported by Premium Times “The counsel to the applicants, Dele Adesina, had in November 2022 lamented AMCON’s ploy to dispose of IBEDC despite what he described as the issue for determination or subject matter of settlement initiated by both parties. He lamented the attempt by the plaintiff to shut the door of justice against the defendants as it was being attempted in this instance.”
IBEDC has also introduced an online payment platform to make it simpler for customers to pay their electricity bills. The IBEDC payment on the go is available on servpay.ng.
IBEDC also offers a customer service department that is open 24/7 to handle inquiries, complaints, and requests from clients. Customers can get in touch with the customer service line by phone, email, or through social media.
The Ibadan Electricity Distribution Company (IBEDC) has proven its dedication to enhancing service delivery to its clients by putting forward cutting-edge ideas like the installation of pre-paid meters and the launch of an online payment system. IBEDC is well-positioned to maintain a significant presence in Nigeria’s power sector thanks to its committed workforce and dedication to customer satisfaction.
