Senate backs EKEDP’s turnaround, seeks solution to sector bottlenecks
Senate Committee Praises Eko Electricity Distribution’s Performance Amid Ongoing Challenges
By Udeme Akpan, Energy Editor
LAGOS — The Senate Committee on Privatisation commended Eko Electricity Distribution Plc (EKEDP) for its enhanced operational performance since Nigeria’s power sector was privatized. However, the committee also emphasized the need to address persistent challenges affecting electricity distribution across the country.
During an oversight visit to EKEDP’s headquarters in Marina, the committee evaluated the company’s operational metrics, financial health, and the overarching issues facing the electricity distribution sector.
The nine-member delegation, led by Senator Shuaibu Isa Lau, Chairman of the Senate Committee on Privatisation, was welcomed by EKEDP’s management team, including Mr. Wola Joseph Condotti, Managing Director of Distribution for Transgrid Enerco Limited.
In a presentation of its recent performance, EKEDP reported substantial improvements since it assumed operations following the 2013 privatization. The company noted a reduction in Aggregate Technical, Commercial, and Collection (ATC&C) losses, which dropped from 35.37% in 2013 to 19.71% in 2026. Correspondingly, average monthly revenue billed surged from under ₦2 billion to ₦39.5 billion during this timeframe.
Furthermore, EKEDP revealed a significant increase in its customer base, with the number of metered customers rising from 183,808 to 584,193, a development attributed to ongoing investments in metering infrastructure and customer service.
EKEDP also highlighted important milestones achieved from 2024 to 2026, including full settlement of market obligations to the Nigerian Independent System Operator (NISO), the Nigerian Bulk Electricity Trading Plc (NBET), and other counterparties involved in bilateral power purchase agreements.
Despite these advancements, EKEDP acknowledged that transmission infrastructure limitations beyond its control continue to hinder electricity supply to consumers.
In response, Senator Lau praised the company’s progress since the committee’s last oversight visit in 2024, describing the advancements as encouraging but reiterating the necessity of addressing the ongoing challenges in the sector.
