KANO Electricity Distribution Company (KEDCO) has concluded plans to invest N1.2 billion in network expansion and improvement of power supply to the famous Dawanau International Grains Market, Kano State.
KANO Electricity Distribution Company has concluded plans to invest N1.2 billion in network expansion and improvement of power supply to the famous Dawanau International Grains Market, Kano State. The Head, Corporate Communications, Sani Bala Sani , stated, yesterday, that the network expansion and power generation were some of the company's major plans to improve power supply…Electricity Distribution Company has concluded plans to invest N1.
KEDCO Acting Managing Director and Chief Executive Officer , Abubakar Yusuf, said they had engaged three reputable companies to construct 35 kilometres of 33KV high tension line from Bichi Transmission Sub-station to Dawanau market, instal two 500KVA 33/415 transformers and low tension lines to serve the area and environs at the N1.2 billion.
He said: “On take-over in November 2023, the new core investor immediately embarked on network rehabilitation and expansion to improve access to quality and reliable power supply for the socio-economic growth of KEDCO’s tri-state of operation. A caucus of the Peoples Democratic Party has lent its support to Umar Damagum to continue as the acting national chairman. The PDP has been embroiled in a leadership tussle, with members urging the resignation of the Damagum-led National Executive Committee . Damagun will, however, maintain his position as the party's acting national chairman…The Central Bank of Nigeria has reduced the Loan-to-Deposit Ratio of deposit money banks from 65 per cent to 50 per cent.
Comptroller Dera Nnadi, the Customs Area Commander , Tincan Island Ports , says that the command generated a revenue of N303.9 billion in the first quarter of 2024.
Inuwa Daneji Kano Electricity Distribution Company (KEDCO) Sani Bala Sani
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