The management of the Ibadan Electricity Distribution Company has accused Governor Seyi Makinde of sealing its office as a retaliation for the disconnection of the power at the Government buildings.
In a press statement on Wednesday, the management appealed to Nigerians to appeal to Makinde to rescind his decision to seal the offices of the company in the state over what it called unpaid revenues by the IBDEC.
In a statement signed by the Chief Operating Officer, Engr. John Ayodele, the company said the Oyo State Government is owing IBEDC a consumption outstanding of N450 Million spanning over a period of three years.
The statement said, “The Management of Ibadan Electricity Distribution Company(IBEDC) Plc hereby informs it’s esteemed customers of the retaliatory and illegal action of the Oyo State Government over the issue of it’s huge indebtedness. The Oyo Government on Wednesday 9 February 2022 commenced the sealing of our offices within the state over some suddenly contrived debts labeled revenue bills and personal income without due notification. This issue of revenue bills and personal income arising now is quite suspicious.”
Ayodele explained that the company, as part of efforts to get the outstanding paid, initiated several engagements through correspondences and physical meetings.
He alleged that all efforts proved to be futile.
He added, “No business in this country can run successfully with such a huge outstanding. The power we distribute to customers must be accounted for and paid for. We have no choice but to disconnect the Oyo State secretariat. So, it is worrisome to see that the government has sealed off our offices with this underhand and arm twisting tactics instead of paying the debt owed. This was not done in good faith and it would have damaging effect on the business and service delivery to our customers.”
The COO appealed to the State Governor to look into the matter in the interest of all.