The Abuja Electricity Distribution Company (AEDC) has said it would commit $200 million in five years to enhance power supply and distribution in the Federal Capital Territory (FCT), Kogi, Nasarawa, and Niger states
The Managing Director AEDC, Mr Neil Croucher, made this known in Abuja at the weekend while receiving officials of the Manufacturers Association of Nigeria (MAN), led by its the FCT Chairman, Dr. Wasilat Shittu.
Mr Croucher said that about 20 injection substations would soon be launched by his company in order to tackle the issue of low voltage being experienced in some the states.
He noted that the challenges being experienced in power supply are due to the poor equipment that the AEDC inherited. It added that the company is willing to make huge investments to improve the situation.
AEDC and MAN agreed to work together towards improving power supply to industrial sites in the FCT.
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