Senate committee praises EKEDP for lower losses, higher metering since privatisation
The Senate Committee on Privatisation has commended Eko Electricity Distribution Plc (EKEDP) for its improved operational performance since the privatisation of Nigeria’s power sector, while pledging to push for solutions to persistent challenges that continue to undermine electricity distribution.
During an oversight visit to EKEDP’s headquarters in Marina, Lagos, the nine-member delegation led by Senator Shuaibu Isa Lau reviewed the company’s operational performance, financial position and the wider difficulties facing the distribution segment. The management team was led by the Managing Director, Distribution, Transgrid Enerco Limited, Mr Wola Joseph Condotti.
EKEDP reported significant gains since taking over operations after the 2013 privatisation. Aggregate Technical, Commercial and Collection (ATC&C) losses have fallen from 35.37 per cent in 2013 to 19.71 per cent in 2026. Average monthly revenue billed has risen from less than N2 billion to N39.5 billion over the same period. The number of metered customers has grown from 183,808 to 584,193, reflecting sustained investment in metering and customer service.
Between 2024 and 2026 the company also fully settled market obligations to the Nigerian Independent System Operator (NISO), the Nigerian Bulk Electricity Trading Plc (NBET), Waterfall and bilateral power purchase agreement counterparties. Despite these improvements, EKEDP said transmission infrastructure constraints beyond its control continue to limit the volume of electricity it can supply to consumers.
Senator Lau praised the progress recorded since the committee’s previous visit in 2024, describing the performance as encouraging. The acknowledgement of measurable gains in loss reduction, revenue and metering is important. It shows that operational discipline at the distribution level can produce tangible results more than a decade after privatisation.
At the same time, the persistent transmission bottleneck underscores a structural limit. Distribution companies can only deliver what the transmission network makes available. Until that upstream constraint is addressed, further improvements in customer experience will remain partial. The committee’s pledge to seek solutions to these wider challenges will be tested by whether it can translate oversight findings into concrete pressure on the transmission segment of the value chain.
