The Yola Electricity Distribution Company (Yola Disco) has revealed that it loses roughly ₦9 billion each year in energy and revenue losses on its Jimeta network. The losses, according to the company’s chairman, are eroding the firm’s ability to purchase new equipment, rehabilitate ageing infrastructure and meet staff salary obligations.
Jimeta, a key commercial hub in Adamawa State, hosts a significant portion of Yola Disco’s distribution grid. The company attributes the losses to a combination of technical and commercial inefficiencies that have been persistent across the network.
“These annual losses severely constrain our operational budget,” the chairman said. “They limit our capacity to invest in essential infrastructure upgrades and to remunerate our workforce adequately.”
Yola Disco’s management has warned that continued losses could jeopardise long‑term service reliability for the region’s residents and businesses. The company is reportedly exploring measures to curb wastage and improve revenue collection.
For more details, see the original report from Punch Nigeria.
<small>Source: Punch Nigeria — read the original story there.</small>
