The Kaduna State Electricity Distribution Company (KAEDC) announced on Monday that it has resolved its dispute with the Kaduna State government over tax arrears.
This comes after the Kaduna Internal Revenue Service (KADIRS) sealed the company’s headquarters on August 2 due to alleged unpaid taxes amounting to N600 million.
KADIRS Executive Chairman, Jerry Adams, confirmed that the DisCo was sealed following a court order. In retaliation, KAEDC disconnected power supply to the Government House and other state facilities over a N2.9 billion debt.
However, in a recent statement, KAEDC revealed that all issues have been amicably resolved after a series of meetings involving high-ranking officials from both the company and the state government.
“As a responsible corporate citizen, Kaduna Electric is committed to continuing to pay its taxes and other state levies and dues as appropriate,” the statement read. “Similarly, the Kaduna State Government has also pledged to settle the electricity bills of its ministries, departments, and agencies as and when due.”
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The Managing Director of Kaduna Electric, Umar Abubakar Hashidu, expressed gratitude to the state governor, Uba Sani; the Managing Director of Kaduna State Power Supply Company, Idris Aminu Idris; KADIRS Chairman, Jerry Adams; and other government officials for their roles in resolving the dispute.
He also acknowledged the support of the Board Chairman, Aminu Abubakar Suleiman, and the board directors of Kaduna Electric in overcoming the impasse.
This resolution marks a significant step towards ensuring stable electricity supply and financial accountability between KAEDC and the Kaduna State government.