High foreign exchange rate reason for poor power supplly

– Engr Abiodun Akindele of Ibadan Electricity Distribution Company says that the high foreign exchange rate is the cause of poor power supply – Akindele says the company is facing difficulties providing consumers with quality service and has problems in the procurement of equipment and metering devices Engr Abiodun Akindele, the regional technical manager, Ibadan Electricity Distribution Company (IBEDC), on Thursday, November 24, attributed the high foreign exchange rate to the recent poor electricity supply in the region, Daily Trust reports. Akindele made this known when he appeared before the Ogun state House of Assembly.

Engr Abiodun Akindele of Ibadan Electricity Distribution Company says that the high foreign exchange rate is the cause of poor power supply.