Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Julius Berger Approves N6.8bn Dividend Amidst Mixed Start to 2026

    June 22, 2026

    Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn

    June 22, 2026

    Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn

    June 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Julius Berger Approves N6.8bn Dividend Amidst Mixed Start to 2026
    • Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn
    • Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn
    • First Holdco Slumps 20% as Investors’ Sentiment Deteriorates
    • FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn
    • Banking Index Sinks as 12 Nigerian Listed Banks Lose N2.5trn
    • Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn
    • Equities Investors Lose N5.6trn as NGX Indicators Plunge
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, June 22
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » EEDC says Current Poor Power Supply in S/East is Beyond its Powers

    EEDC says Current Poor Power Supply in S/East is Beyond its Powers

    Julius AlagbeBy Julius AlagbeFebruary 13, 2024 News No Comments2 Mins Read
    EEDC says Current Poor Power Supply in S/East is Beyond its Powers
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    EEDC says Current Poor Power Supply in S/East is Beyond its Powers

    The Enugu Electricity Distribution Company (EEDC), says the poor power supply currently experienced across the South-East is beyond its powers.

    The company attributed the situation to low energy generation, which has resulted in a drop in power supply availability generally.

    The Head, Corporate Communications, EEDC, Mr Emeka Ezeh, made this known on Monday to newsmen in Enugu.

    Ezeh, however, appealed to residents of the zone to bear with the company.

    According to him, the development has resulted in low generation, leading to a reduction in the quantum of daily megawatt hour (MWH) of energy allocated to distribution companies nationwide, thereby impacting the quality of service to its customers

    “We understand the inconveniences this situation has caused our esteemed customers and appeal for their understanding as it is beyond us.

    “We can only distribute what is allocated to us,” he said.

    Ezeh said that efforts are being made by the various stakeholders in the power sector to address this issue, and “we hope this yields positive result so that normal distribution will return”.

    He said that EEDC remained committed to providing improved services to its  esteemed customers. #EEDC says Current Poor Power Supply in S/East is Beyond its Powers#

    Wigwe’s Death: NGX Investors React, Access Holdings Loses 6.26%

    EEDC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    Julius Berger Approves N6.8bn Dividend Amidst Mixed Start to 2026

    Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn

    Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn

    First Holdco Slumps 20% as Investors’ Sentiment Deteriorates

    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    Banking Index Sinks as 12 Nigerian Listed Banks Lose N2.5trn

    Add A Comment

    Comments are closed.

    Editors Picks

    Julius Berger Approves N6.8bn Dividend Amidst Mixed Start to 2026

    June 22, 2026

    Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn

    June 22, 2026

    Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn

    June 22, 2026

    First Holdco Slumps 20% as Investors’ Sentiment Deteriorates

    June 22, 2026

    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    June 22, 2026
    Latest Posts

    Julius Berger Approves N6.8bn Dividend Amidst Mixed Start to 2026

    June 22, 2026

    Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn

    June 22, 2026

    Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn

    June 22, 2026

    First Holdco Slumps 20% as Investors’ Sentiment Deteriorates

    June 22, 2026

    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    June 22, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.