Yola Electricity Distribution Company: Ownership And Control

who owns yola electricity distribution company

The Yola Electricity Distribution Company (YEDC) is responsible for power distribution in the North-Eastern part of Nigeria, including the states of Adamawa, Borno, Taraba, and Yobe. In July 2021, Quest Electricity Ltd. acquired the Yola Electricity Company for N19 billion, with plans to invest a further N28 billion in transformations over the next two years.

Characteristics Values
Name Yola Electricity Distribution Company
Acronym YEDC
Area served North-Eastern Nigeria
States served Adamawa, Borno, Taraba, and Yobe
Headquarters Jimeta, Adamawa
Owner Quest Electricity Ltd.
Year acquired 2021
Amount paid N19 billion
Planned investment N28 billion

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Yola Electricity Distribution Company (YEDC)

The Yola Electricity Distribution Company (YEDC) is responsible for distributing energy in the North-Eastern part of Nigeria, including the states of Adamawa, Borno, Taraba, and Yobe. The company is headquartered in Jimeta, Adamawa State, and is committed to providing safe, reliable, and environmentally responsible electricity distribution.

In July 2021, Quest Electricity Ltd. acquired Yola Electricity Distribution Company for N19 billion, with plans to invest an additional N28 billion to transform the company over two years through infrastructure upgrades. Despite the security challenges in the region, Chairman Adamu Mele expressed confidence in their ability to quickly improve the company's operations.

YEDC has demonstrated its commitment to investing in electricity distribution infrastructure by rehabilitating the 2x15MVA Jambutu Injection Substation. This rehabilitation project addressed flooding issues that had previously caused temporary decommissioning and power outages.

The company also champions inclusivity by providing opportunities for persons living with disabilities. YEDC hosted officials from Adamawa State Living with Disabilities and Vulnerable People to foster an inclusive business culture. They also offered free metering to a member of this group as a gesture of their commitment to empowerment.

The Nigerian Electricity Regulatory Commission (NERC) has also worked with YEDC to resolve customer complaints and improve services. A 3-day strategic Customer Complaints Resolution meeting was held in Yola, Adamawa State, to address customer concerns and educate them about their rights and obligations.

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Responsible for power distribution in Nigeria's North-East

The Yola Electricity Distribution Company (YEDC) is responsible for power distribution in Nigeria's North-East. The company provides electricity distribution services, including energy saving, power generation, and electric power. Yola Electricity Distribution Company is committed to distributing electricity in a safe, reliable, and environmentally responsible manner.

YEDC's area of coverage in the North-East includes four states: Adamawa, Borno, Taraba, and Yobe State. The company's headquarters are located in Jimeta, Adamawa State.

YEDC has demonstrated its commitment to investing in electricity distribution infrastructure by rehabilitating the 2x15MVA Jambutu Injection Substation. This rehabilitation project aimed to address the issue of the substation being partially submerged during heavy rains, which caused temporary decommissioning and power outages.

In addition to its core business, YEDC has also displayed a strong commitment to community welfare and inclusivity. The company has hosted officials from Adamawa State, including representatives of people living with disabilities and vulnerable groups, to foster an inclusive business environment. YEDC also organized a strategic Customer Complaints Resolution meeting in conjunction with the Nigerian Electricity Regulatory Commission (NERC) to address customer complaints and educate customers about their rights and obligations.

In July 2021, Quest Electricity Ltd. acquired the Yola Electricity Distribution Company for N19 billion, with plans to invest N28 billion in transforming the company over two years through infrastructure upgrades.

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YEDC's commitment to inclusion and community welfare

Yola Electricity Distribution Company (YEDC) is responsible for power distribution in the North-Eastern part of Nigeria, comprising Adamawa, Borno, Taraba, and Yobe State. YEDC has demonstrated a strong commitment to inclusion and community welfare through various initiatives and actions.

One of YEDC's key focuses is fostering a culture of inclusion by providing opportunities for persons living with disabilities. The company has taken concrete steps towards this goal by providing free prepaid meters to people with disabilities (PWDs) to promote inclusion in the power sector. This initiative was welcomed by the Adamawa People Living with Disabilities and Vulnerable People Support Initiative (APLWDVSI), who expressed their gratitude for YEDC's support. YEDC also hosted officials from Adamawa State Living with Disabilities and Vulnerable People, further underscoring their commitment to inclusivity.

YEDC values the input of its diverse workforce and strives to create an inclusive employment culture. They believe that individuals bring exceptional skills and strengthen their commitment to enriching the customer experience. The company's Chief Corporate Services Officer, Rashidah Ahmed, emphasised YEDC's dedication to increasing possibilities for persons with disabilities and fostering an inclusive culture where every employee can thrive and make a difference.

In addition to its focus on inclusion, YEDC prioritises community welfare. The company understands that its role goes beyond providing reliable power supply, and it actively works towards empowering individuals, including those living with disabilities. YEDC has explored initiatives to enhance safety, promote energy efficiency, and provide unwavering support to its community members. The rehabilitation of the 2x15MVA Jambutu Injection Substation demonstrates this commitment. By investing in electricity distribution infrastructure, YEDC aims to drive reliability and quality power supply, guaranteeing customer satisfaction and market liquidity.

Furthermore, YEDC organised a strategic Customer Complaints Resolution meeting in conjunction with the Nigerian Electricity Regulatory Commission (NERC). This three-day event provided a platform for customers to understand their rights and obligations and have their complaints resolved promptly. YEDC's commitment to community welfare is evident through its efforts to enhance customer satisfaction and ensure that community members have access to reliable power.

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Acquisition by Quest Electricity Ltd. for N19 billion

The Yola Electricity Distribution Company (YEDC) is responsible for power distribution in the North-Eastern part of Nigeria, comprising Adamawa, Borno, Taraba, and Yobe State. The company is headquartered in Jimeta, Adamawa State. Yola Electricity Distribution Company (YEDC) was acquired by Quest Electricity Ltd. for N19 billion.

Adamu Mele, the Chairman of Quest Electricity Ltd., acknowledged the insecurity in the company’s area of franchise but assured that it would work to transform the distribution company within a short time through infrastructure upgrades. The company has committed to investing N28 billion to transform the company over a period of two years.

Yola Electricity Distribution Company (YEDC) has demonstrated a commitment to investing in electricity distribution infrastructure that will improve reliability and quality power supply to the communities it serves. This includes the rehabilitation of the 2x15MVA Jambutu Injection Substation, which had previously been affected by flooding and temporary decommissioning.

YEDC also champions inclusivity by providing opportunities for persons living with disabilities and vulnerable people. The company values the empowerment of individuals, including those with disabilities, and explores initiatives to enhance safety and promote energy efficiency.

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YEDC's investment in electricity distribution infrastructure

Yola Electricity Distribution Company (YEDC) is responsible for distributing energy in the North-Eastern part of Nigeria, including Adamawa, Borno, Taraba, and Yobe State. The company is headquartered in Jimeta, Adamawa State. YEDC has demonstrated its commitment to investing in electricity distribution infrastructure, with a focus on enhancing reliability and quality power supply.

One notable example of YEDC's investment in electricity distribution infrastructure is the rehabilitation of the 2x15MVA Jambutu Injection Substation. This substation, located in Yola, had previously been affected by flooding during the rainy season, leading to temporary decommissioning and power outages. YEDC prioritized the rehabilitation and relocation of the injection substation to mitigate flooding risks and ensure the longevity of electrical equipment. This project showcases YEDC's dedication to providing reliable and uninterrupted power supply to the communities it serves.

YEDC also organized a strategic Customer Complaints Resolution meeting in collaboration with the Nigerian Electricity Regulatory Commission (NERC). The meeting aimed to address customer complaints and empower customers with knowledge about their rights and obligations. This initiative reflects YEDC's commitment to improving customer satisfaction and fostering a culture of transparency.

In addition to its infrastructure investments, YEDC has displayed a strong commitment to inclusivity and community welfare. The company has actively engaged with individuals living with disabilities and vulnerable groups, exploring initiatives to enhance safety and promote energy efficiency. YEDC's inclusive employment culture and community empowerment initiatives extend beyond providing a reliable power supply, demonstrating their holistic approach to community development.

Furthermore, YEDC has prioritized energy efficiency and environmentally responsible practices. The company encourages the use of energy-saving measures and works towards distributing electricity in a sustainable manner. This focus on sustainability ensures that YEDC contributes to a brighter future for the communities it serves while also reducing environmental impacts.

Frequently asked questions

Quest Electricity Ltd.

The company's headquarters are in Jimeta, Adamawa State, Nigeria.

The company is responsible for distributing energy in a safe, reliable, and environmentally responsible manner in the North-Eastern part of Nigeria, comprising Adamawa, Borno, Taraba, and Yobe State.

The company is committed to investing in electricity distribution infrastructure to drive reliability and quality power supply to the communities it serves, guaranteeing customer satisfaction and market liquidity.

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