Close Menu
    What's Hot

    BCHUSD – Bitcoin Cash Dips on Extreme Fear, Technical Breakdown

    June 6, 2026

    HYPEUSD -Hyperliquid Drops by 6% on Unlock Token Flows

    June 6, 2026

    NGX Positions Dangote Refinery IPO as Pan-African Inv. Opportunity

    June 6, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, June 7
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » IBEDC warns customers of imminent disconnection of power supply by TCN
    News

    IBEDC warns customers of imminent disconnection of power supply by TCN

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiMay 5, 2023Updated:February 12, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    IBEDC warns customers of imminent disconnection of power supply by TCN
    Share
    Facebook Twitter Pinterest Email Copy Link

    IBEDC warns customers of imminent disconnection of power supply by TCN

    The Management of Ibadan Electricity Distribution company (IBEDC) has warned its customers of the Transmission Company of Nigeria’s (TCN) plan to disconnect its feeders from the national grid due to poor remittances.

    The Chief Executive Officer (CEO) of the company, Mr Kingsley Achife, in a statement in Ibadan on Thursday, noted that the disconnection might result in power outages to customers within the IBEDC franchise area.

     “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.

    Read also: Nigerian Exchange Gains as Traders Execute Buy Orders

    He also explained that IBEDC as a responsible corporate organisation,  prioritizes providing reliable and excellent service to its  esteemed  customers, but  requires timely payment for the energy consumed.

    “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.#IBEDC warns customers of imminent disconnection of power supply by TCN#

    IBEDC TCN
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    BCHUSD – Bitcoin Cash Dips on Extreme Fear, Technical Breakdown

    June 6, 2026
    News

    HYPEUSD -Hyperliquid Drops by 6% on Unlock Token Flows

    June 6, 2026
    News

    NGX Positions Dangote Refinery IPO as Pan-African Inv. Opportunity

    June 6, 2026
    News

    Brent, WTI Climb as Oil Market Extends Weekly Rally

    June 6, 2026
    News

    Crypto Market Cap Slumps to $2.1trn on Waves of Selloffs

    June 6, 2026
    News

    XRP Price Crashes to $1.07 over Severe Market Downturn

    June 6, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    BCHUSD – Bitcoin Cash Dips on Extreme Fear, Technical Breakdown

    June 6, 2026

    HYPEUSD -Hyperliquid Drops by 6% on Unlock Token Flows

    June 6, 2026

    NGX Positions Dangote Refinery IPO as Pan-African Inv. Opportunity

    June 6, 2026

    Brent, WTI Climb as Oil Market Extends Weekly Rally

    June 6, 2026
    Latest Posts

    BCHUSD – Bitcoin Cash Dips on Extreme Fear, Technical Breakdown

    June 6, 2026

    HYPEUSD -Hyperliquid Drops by 6% on Unlock Token Flows

    June 6, 2026

    NGX Positions Dangote Refinery IPO as Pan-African Inv. Opportunity

    June 6, 2026

    Brent, WTI Climb as Oil Market Extends Weekly Rally

    June 6, 2026

    Crypto Market Cap Slumps to $2.1trn on Waves of Selloffs

    June 6, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    BCHUSD – Bitcoin Cash Dips on Extreme Fear, Technical Breakdown

    June 6, 2026

    HYPEUSD -Hyperliquid Drops by 6% on Unlock Token Flows

    June 6, 2026

    NGX Positions Dangote Refinery IPO as Pan-African Inv. Opportunity

    June 6, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

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