The Northern Electricity Distribution Company in the Upper East Region has kicked started a revenue mobilisation exercise to retrieve some GH¢125 million owed the company by consumers.
The exercise has necessitated the partial shutdown of the NEDCO Office in Bolgatanga for all staff to join the revenue mobilisation drive.
Upper East area manager of NEDCO Ing. Eugene Odoi Addo disclosed that government agencies in the region owe some GH¢55 million out of the total amount.
“This exercise is expected to recoup as much as possible. Our global target is to retrieve about 75% of the entire indebtedness and so that is why there is the need to go after those who owe us and collect those money. Any customer who owes us is a target, so we expect all customers to be rushing to settle their debt,” Ing. Addo told newsmen.
He explained that the intention and purpose of the exercise is not to disconnect customers but to retrieve monies owed the company.
The month long exercise will see officials and staff of NEDCO storm government agencies and departments, business establishments and residential facilities. NEDCo has disclosed that a staggering GH¢1.2 billion is owed them by customers across all their operational areas as at January 2023.
The company spends a colossal GH¢120million every month to ensure electricity is available to consumers yet it is only able to realise GH¢85million monthly. This leaves the company with losses of over GH¢35million monthly.
