Jamilu Gwamna, managing director, KEDCO plans to reduce the aggregate technical, commercial and collection losses to remain in business

The Kano Electricity Distribution Company, KEDCO, has perfected plans to cut aggregate technical, commercial and collection, ATC&C, losses to less than 20 percent this year. Jamilu Gwamna, managing director, KEDCO, said it would be difficult to meet the N48 billion target of the firm, if such losses were not reduced.

Gwamna, told journalists in Kano, that the company was committed to blocking all the loopholes to achieve the desired result to enhance the sustainability of its role in meeting the financial demands of staff and customer’s satisfaction. “Our focus in 2019 is to reduce our aggregate Technical, Commercial and Collection losses to less than 20 percent amongst other things toward achieving the target of N48 billion.

“We must cut all losses to the barest minimum, if we hope to achieve our target in 2019 so as to sustain our robust role of workers welfare as well as keep up with our Corporate Social Responsibilities (CSR) in different communities. The analytical assessment carried out by our team shows that losses through vandalism, equipment sabotage, energy theft, non-payment of bills and other unfriendly acts were gulping the company’s money that could have boosted our revenue.

“As far as 2019 is concerned no more losses. We are poised to blocking all loopholes to achieve our target of N48billion,” he said.

Gwamna listed revenue generation, customer intimacy, improved operational efficiency and improved working environment as the other objectives of the firm in 2019.

– Jan. 11, 2019 @ 15:16 GMT |