The Managing Director/Chief Executive Officer of Kaduna Electricity Distribution Company, Mallam Idris D. Mohammed, has appealed to the National Assembly to intervene in the N4.4 billion debt owed it by military formations and the police.
Mohammed said the intervention by the National Assembly had become imperative in order to get the security agencies to pay up the N4.4 billion they owed the company.
The Kaduna DISCO CEO made the appeal when the Chairman, Senate Committee on Privatisation, Mr. Olugbenga Obadara paid a courtesy visit to the firm.
Mohammed equally enjoined the committee to strengthen the existing legislation to deal with vandals of electricity installations in the country and power theft.
He added that the management had embarked on systematic and result-driven restructuring of the workforce before handing over to the new investors.
Responding, Obadara affirmed that government had no business running businesses while commending the Bureau of Public Enterprises (BPE) for effectively carrying out its assignment, especially the privatisation of the power sector.
He advised the Transitional Committee of Kaduna DISCO to work harder to recover the debts owed the company by the military formations and the police.
Source : SunOnline
