The Transmission Company of Nigeria (TCN) intends to disconnect its feeders from the national grid as a result of inadequate payments, as the Management of Ibadan Electricity Distribution Company (IBEDC) has informed its consumers.

In a statement released on Thursday in Ibadan, the company’s Chief Executive Officer (CEO), Mr. Kingsley Achife, warned that the disconnect could cause power disruptions for customers inside the IBEDC franchise region.

“As a revenue collection arm of the electricity value chain, IBEDC sells and distributes electricity generated by the generation companies.

“However, the company is unable to meet its financial obligations to the electricity value chain due to poor payment and huge outstanding bills by customers.

“We appeal to our esteemed customers to pay their current and outstanding bills to enable IBEDC to meet its obligations to the Market Operator.

“And other parties in the electricity supply industry to ensure continuous and uninterrupted power supply,” Achife said.

As a responsible corporate entity, IBEDC prioritizes offering its esteemed clients dependable and excellent service, but it also demands prompt payment for the energy used.

“Payment for electricity is essential to ensure the sustainability of our operations, and it is a responsibility that we all share.

“We urge our customers to note that failure to pay current and outstanding electricity bills may result in disruption of power to homes, communities, and businesses connected to our network.

“We encourage all customers to pay their bills promptly to avoid any inconvenience,” the CEO said.