IKDC signs power supply agreement with residents
A power supply agreement between Electricity Distribution Company, Ikeja Electric (IE) and residents of Magodo has been signed.
The agreement is to ensure the investment in electricity infrastructure in the Magodo estate as well as provide reliable and quality electricity supply to the residents.
The contract, which is in line with the company’s Premium Power Purchase Agreement, was signed at the association’s community hall in Lagos with representatives of Ikeja Electric and Magodo Resident Association present.
By this agreement, IE will provide Magodo residents with electricity supply beyond the existing standards with guaranteed performance levels. In addition to the improved supply of electricity to the Estate, there will also be access to dedicated Customer Care and Technical teams for prompt resolution of queries and/or technical issues within the Estate.
The Chief Operating Officer of Ikeja Electric, Mrs. Folake Soetan, expressed confidence in the success of the trend-setting agreement which she noted was in line with the Federal Government’s “willing seller, willing buyer” policy.
“We are confident that this agreement will serve as a model for other power agreements in the power sector because, while it is in line with the Federal Government policy, it also reflects our unwavering commitment to our customers. This has also been made possible by the Nigerian Electricity Regulatory Commission’s directive to DisCos to provide an enabling environment with exceptional service delivery,” she said.
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