N450m Debt: Oyo Govt, IBEDC Finally Resolve Issues Over Unpaid Bills, Tax

The Oyo State Government and the Ibadan Electricity Distribution Company (IBEDC), on Thursday, 10 February, resolved the differences which led to the sealing of some offices of the firm.

The two parties, after a meeting at the Government Secretariat, Agodi, Ibadan declared their readiness to work together to find an amicable resolution of all issues surrounding the recent sealing of the IBEDC offices in Ibadan by the state government.

The parties, in a statement jointly released shortly after a meeting, vowed to continue to work together in the interest of the residents of the state.

They assured members of the public of the restoration of electricity as soon as possible, adding that the two parties would continue amicable resolution of the issue and work together to make electricity meters available to all residents of the state.

N450m Debt: Oyo Govt, IBEDC Finally Resolve Issues Over Unpaid Bills, Tax

The statement jointly signed by the Oyo State Commissioner for Energy & Mineral Resources, Temilolu Ashamu, and the Chief Operating Officer of the IBEDC, John Ayodele, read in part, “This is to notify the general public that the Oyo State Government and the IBEDC have resolved and agreed to work together in the interest of the public.

“The general public is hereby assured of the restoration of electricity supply as soon as possible, while the two parties shall continue amicable resolution of the issue in the interest of the public, including working together to make electricity meters available to residents of the state.”

Recall that the management of IBEDC had disconnected power supply to the Oyo State Secretariat over a N450m debt owed by the state government to the firm, which had led to the sealing of its offices.

The state government had however claimed IBEDC was owing revenue bills and personal income hence the action.