The Enugu Electricity Distribution Company (EEDC) has said that it will stop receiving cash payment above N3,000 from electricity consumers from February 1, 2020.

The company stated this in a statement yesterday by Head of Communications, EEDC, Mr. Emeka Ezeh, in Enugu.

Ezeh said that customers making payment above N3,000 should do so using electronic and other alternative cashless payment channels available to them from that date.

According to him, the move by the company is in compliance with the recent cashless policy initiative introduced by the Central Bank of Nigeria (CBN).

“As from February 1, 2020, payment for electricity bills above N3,000 will no longer be accepted in cash at any EEDC’s payment outlets and offices,” he said.