ADVERTISEMENT
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Home » AEDC Restores Power to FCT Water Board, Issues Two-Week Ultimatum for Payment Plan

AEDC Restores Power to FCT Water Board, Issues Two-Week Ultimatum for Payment Plan

Company Gives Reason for Disconnection

Destiny Eseaga by Destiny Eseaga
January 17, 2026
in Environment
Reading Time: 2 mins read
0
AEDC - Abuja DisCo | FCT water board

AEDC - Abuja DIsCo

The Abuja Electricity Distribution Plc. (AEDC) had announced the immediate reconnection of electricity supply to the FCT Water Board.

This decision follows a period of service disruption necessitated by significant unpaid electricity obligations, which had impacted water distribution across the Federal Capital Territory.

Reason for Disconnection

AEDC clarifies that the disconnection was a measure of last resort, following the accumulation of over one year of outstanding electricity debt by the FCT Water Board.

Despite numerous formal notices, high-level engagements, and multiple opportunities provided to regularize the account in accordance with regulatory provisions, the debt remained unsettled.

Restoration of Essential Services

Acknowledging the critical role water plays in public health and the widespread concerns voiced by FCT residents, Engr. Chijioke Okwuokenye, the acting managing director/chief executive officer of AEDC, has directed the immediate restoration of power.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

“Our decision to reconnect underscores AEDC’s commitment to the welfare of the communities we serve,” said Engr. Okwuokenye. “We believe that access to essential services must be safeguarded, especially where public health and safety are at stake.”

While power has been restored to ensure residents have access to water, the reconnection is conditional.

AEDC said it has established a clear roadmap for the FCT Water Board to prevent future disruptions:

  • Two-Week Timeline: The FCT Water Board must present a credible payment plan within 14 days.
  • Implementation: Settlement of outstanding obligations must commence within this period.
  • Regulatory Compliance: Failure to meet these conditions will, regrettably, leave AEDC with no choice but to re-apply service disconnection as permitted by industry guidelines.

“AEDC remains dedicated to transparent engagement and the delivery of sustainable electricity services. The company urges all maximum demand customers and institutions to prioritize the timely settlement of energy bills to ensure the continued stability of the power sector in the FCT”, the acting CEO said.

0Shares
Previous Post

GSMA Pushes African AI Language Models

Next Post

Trail Alley Opens Registration for Free 4-Week Tech Skill-Up Program

Destiny Eseaga

Destiny Eseaga

My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

Related Posts

Sahara Go Recycling Hub in Masaka

Sahara Group Foundation Extends Recycling Solutions to Northern Nigeria with Masaka Hub

June 8, 2026
MTN Nigeria greenhouse gas emissions | facts behind the sustrainability

MTN Nigeria Cuts Greenhouse Gas Emissions 6.4%

May 27, 2026

Why Software is the New Hardware: Cutting Silicon Waste on Mother Earth Day 2026

April 28, 2026
Load More
Next Post
Trail Alley Tech Skill-Up Program

Trail Alley Opens Registration for Free 4-Week Tech Skill-Up Program

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.