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KEDCO Urges Timely Bill Payments and Clarifies Billing Adjustments for October Outage

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Kano Electricity Distribution Company (KEDCO) has issued a clarification regarding current electricity bills, explaining that the bills now due represent September’s consumption, distributed in October. According to KEDCO spokesperson Sani, customers who have not yet settled these bills may face disconnection.

Addressing recent concerns about billing during outages, Sani explained that the Minister of Power assured customers they would not be charged for the outage period from October 21 to October 30. KEDCO will adjust this in November’s billing, ensuring customers are not billed for the specified downtime.

He further emphasized KEDCO’s commitment to fair and accurate billing, urging customers to settle bills promptly, contributing positively to KEDCO’s operations and the broader power sector.


 

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Nigeria’s Foreign Debt Servicing Costs Jump 39.7% to $3.57 Billion in 2024

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In the first nine months of 2024, Nigeria spent $3.57 billion on foreign debt servicing—a 39.7% increase from the $2.56 billion spent during the same period in 2023, according to a Central Bank of Nigeria (CBN) report.

The highest monthly payment in 2024 was recorded in May, at $854.36 million, surpassing 2023’s peak of $641.69 million in July.

January saw a 389% increase compared to the previous year, while May’s payments rose by 286.52%. Although slight decreases occurred in June and July, September’s servicing costs were 17.49% higher than in 2023.

Amid rising debt payments, Nigeria’s total public debt reached N134 trillion in Q2 2024, up 10% from Q1.


 

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NYSC Confirms Registration Date for Batch C, Stream 1, 2024

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The National Youth Service Corps (NYSC), releases confirmed date for the registration of Batch C Stream I, 2024. The registration will commence from the 14th of November, 2024. Although the duration of days or how long the portal will be opened have not yet been stated.

Here is the photo released on their official social media page on Instagram:


 

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Edo State Government Approves Removal of Executive Boards, Agencies, and Parastatals

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The Edo State Government approves of the removal of Executive boards, agencies and parastatals in the state’s public service. This information was confirmed on Wednesday and released in the Chief Press Secretary, Fred Itua, statement.

Itua shared that the state governor has ordered the appointees to turn over their government properties to the public officer.

“It is hereby announced for the information of the general public that the Governor of Edo State, Senator Monday Okpebholo, has approved the dissolution of the executives of all boards, agencies, and parastatals in the Edo State Public Service, with immediate effect.””


 

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