EKO Electricity Distribution Plc (EKEDP) has announced a corporate restructuring plan, which will maximally boost electricity distribution mandate to the public.
It noted that the new plan, which include the procurement of 140,000 new meters, is expected to improve efficiency, customer service and value to its numerous customers.
According to the company in a statement, the ongoing re-organisational efforts are to support Eko Disco’s commitment to fulfilling its vision “to be the leading customer centric utility provider in Africa”.
The statement disclosed that EKEDP in its commitment to excellence with a multitude of quality service delivery across various platforms is introducing an extensive range of payment options aimed at unifying its billing/payment and customer enquiries systems alongside the pioneering of an unprecedented embedded power generation initiative, an effort that promises to more than double the company’s current allocation from the national grid.
The distribution company is procuring new 140,000 single phase and three-phase smart meters to be installed for customers in the next two years”, it added.
Speaking about the effect of the company’s right sizing decisions, the company’s Managing Director, Oladele Amoda expressed that “our reengineering announcement reflect decisions which have to be taken to further drive our efficiencies.
This process will allow us to better leverage expertise, align strengths and diversity within our corporate group. Our investments are focused on delivering better value to our customers and as such, we continue to drive and demand for growth across all arms of our organisation reaffirming our commitment to providing the widest array of specialized service and quality delivery to our many customers.”
Amoda added: “As EKEDP progress with the new plan, we remain confident in our strategy, competitiveness and in our ability to create value for our customers and stakeholders alike.”
Since the completion of Nigeria’s electricity reformation and privatization process in 2013, the board of Eko Electricity Distribution Plc alongside its technical partners has taken on the critical responsibility of providing more reliable power distribution and quality service to its customers within its licensed areas of Agbara in Ogun State and the Southern part of Lagos State.
The company’s announced reengineering process was therefore key to continued efforts in securing a corporate structure that efficiently supports the future direction of the organisation and the electricity distribution industry in Nigeria as a whole. Under the reshaping of the company, some positions within the organisation would be eliminated.
