Trystan Casey
The Port Harcourt Electricity Distribution Company (PHED or PHEDC) is an electric utility company based in Port Harcourt, Nigeria. It was previously owned by the Nigerian government but was privatized in 2013 and is now owned by 4 Power Consortium Ltd. The company provides power to a total of 14 million people across four states in Nigeria, including Rivers, Bayelsa, Cross River, and Akwa Ibom. With a focus on electricity operations, PHED aims to provide reliable and efficient electricity to its customers, contributing to the socio-economic growth of the region.
| Characteristics | Values |
|---|---|
| Name | Port Harcourt Electricity Distribution Company |
| Acronym | PHED |
| Type of company | Private |
| Previous type of company | Government-owned |
| Date of privatisation | 1 November 2013 |
| Owner | 4 Power Consortium LTD |
| Number of people provided with power | 14 million |
| Number of states provided with power | 4 |
| Names of states provided with power | Rivers, Bayelsa, Cross River and Akwa Ibom |
| Headquarters | 1 Moscow Road, Old GRA, Rivers State |
| MD/CEO | Mrs. Ochuko Amah (Acting) |
| Board Chairman | Engr. Olice Kemenanabo |
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What You'll Learn
The Port Harcourt Electricity Distribution Company (PHED) is a private company
The company's core functions remain unchanged, including the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment. PHED aims to provide its customers with a more reliable and efficient electricity supply through a program of investment and innovation. This will help Nigeria harness its natural resources and entrepreneurial drive.
The headquarters of the Port Harcourt Electricity Distribution Company are located at 1 Moscow Road in Old GRA, Rivers State, Nigeria. The current MD/CEO of PHED is Mrs. Ochuko Amah (Acting), and the Board Chairman is Engr. Olice Kemenanabo.
The company has a strong focus on customer service and aims to provide amazing customer experiences. They prioritize teamwork, reliability, integrity, and excellence in their operations. PHED also emphasizes the importance of a safe and fair working environment, where employees can learn new skills.
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4 Power Consortium LTD owns the company
The Port Harcourt Electricity Distribution Company (PHED) is a private electric distributor that provides power to 14 million people across four states in Nigeria: Rivers, Bayelsa, Cross River, and Akwa Ibom. The company was previously owned by the Nigerian government but was privatized in 2013 and is now owned and managed by 4 Power Consortium LTD.
The privatization of the Port Harcourt Electricity Distribution Company took place on November 1, 2013, when the government handed over ownership to 4 Power Consortium LTD. This transition occurred under the Electricity Reforms Act of 2005, following the unbundling of the Power Holding Company of Nigeria (PHCN). As a privately-held company, PHED is committed to delivering power more effectively and efficiently while maintaining its core functions, such as the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment.
As the new owner of the Port Harcourt Electricity Distribution Company, 4 Power Consortium LTD has expressed its dedication to enhancing the electricity distribution network. They aim to provide their customers with a more reliable and efficient electricity supply to their homes and businesses. This focus on improvement is expected to have a positive impact on the region's socio-economic growth, as reliable access to electricity is essential for development.
The company's headquarters are located at 1 Moscow Road in Old GRA, Rivers State, Nigeria. The current MD/CEO of PHED is Mrs. Ochuko Amah (Acting), and the Board Chairman is Engr. Olice Kemenanabo.
With the ownership of 4 Power Consortium LTD, the Port Harcourt Electricity Distribution Company is striving to become the number one electricity distribution company in its chosen markets. Through a program of investment and innovation, the company is working towards delivering quality and reliable power to its valued customers.
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The company was previously government-owned
The Port Harcourt Electricity Distribution Company (PHED) is an electric utility company based in Nigeria. The company was previously government-owned but was privatised in 2013 and is now owned and managed by 4 Power Consortium LTD.
The company was constituted under the Electricity Reforms Act of 2005 after the unbundling of the Power Holding Company of Nigeria (PHCN). It provides power to a total of 14 million people across four states in Nigeria: Rivers, Bayelsa, Cross River, and Akwa Ibom. The company's core functions include the distribution of electricity, billing customers in accordance with the Nigeria Electricity Regulatory Commission, and ensuring that power is duly served to its customers.
The privatisation of the company was intended to bring about positive change and improve its efficiency at its core functions. Through a program of investment and innovation, PHED aims to deliver power more effectively for the benefit of its customers and the economy. The company's core functions remain unchanged, including the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment.
The Port Harcourt Electricity Distribution Company is now focused on providing a safer and fairer service to its customers, with an emphasis on teamwork, reliability, integrity, customer service, and excellence. The company is also committed to providing new opportunities for suppliers who can meet their requirements and standards. The current MD/CEO of PHED is Mrs. Ochuko Amah (Acting), and the Board Chairman is Engr. Olice Kemenanabo.
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PHED provides power for 14 million people in 4 Nigerian states
The Port Harcourt Electricity Distribution Company (PHED) is a privately-owned company that provides power to 14 million people across four Nigerian states: Rivers, Bayelsa, Cross River, and Akwa Ibom.
PHED was previously owned by the Nigerian government but was privatized in 2013 and is now owned and managed by 4 Power Consortium LTD. The company's core functions remain unchanged, including the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment.
PHED's headquarters are located at 1 Moscow Road in Old GRA, Rivers State. The company aims to provide reliable and efficient electricity supply to its customers, focusing on electricity operations and distribution.
As a privatized company, PHED has embraced a new era in Nigeria, prioritizing customers' needs and striving for professionalism. The company also aims to harness the country's natural resources and entrepreneurial drive to benefit its customers and the economy.
PHED's approach is guided by TRICE: Teamwork, Reliability, Integrity, Customer Service, and Excellence. They strive to provide amazing customer experiences and create a safer and fairer company, offering opportunities for suppliers and employees alike.
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The company's headquarters are in Rivers State, Nigeria
The Port Harcourt Electricity Distribution Company (PHED) is a privately held company that was previously owned by the government of Nigeria. The company's headquarters are in Rivers State, Nigeria, and it provides electricity to a total of 14 million people across four states: Rivers, Bayelsa, Cross River, and Akwa Ibom.
The company's head office is located at 1 Moscow Road in Old GRA, Rivers State, Nigeria. This is where the company's central operations and management are based. The company's core functions include the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment.
The Port Harcourt Electricity Distribution Company was privatized in 2013 and is now owned and managed by 4 Power Consortium Ltd. The privatization of the company was done with the aim of improving its efficiency and effectiveness in delivering power to its customers and boosting the economy. The company's focus on electricity operations and distribution aims to provide reliable and efficient electricity supply to its customers in the four states it serves.
The Port Harcourt Electricity Distribution Company is committed to providing quality and reliable power to its customers, igniting socio-economic growth, and offering excellent customer service. The company values teamwork, reliability, integrity, and innovation in its approach to serving its customers and contributing to the development of Nigeria's power sector.
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Frequently asked questions
The Port Harcourt Electricity Distribution Company is owned by 4 Power Consortium Ltd.
The company became privately owned on 1 November 2013.
The company is an electric distributor that provides power for a total of 14 million people in 4 states of Nigeria.
The company's core functions include the maintenance of overhead and underground lines, electricity poles, and telecommunication equipment.
