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PHCN Sets Out to Recover its Debts – To Publish Debtors’ Names in National Dailies

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Now is not a good time to be indebted to the Power Holding Company of Nigeria, (PHCN) as its management has announced plans to publish names of its debtors in national dailies.

The Managing Director of the Kaduna Electricity Distribution Company, Idris Mohammed said customers of the electricity company had debts amounting to N16 billion.

He continued saying that electricity consumers owe the company huge debts despite all efforts to ensure regular and effective debt collection.

In a news report by Premium Times, the electricity boss said that the present debt profile was not favourable to the company’s corporate survival and urged consumers to settle their electricity bills to ensure good service delivery at all times.

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The argument of most electricity consumers who owe the PHCN huge debts is that bills are charged on electricity that hasn’t been consumed. Before the prepaid meters was introduced, residents complained that even when they travelled and their houses were locked up for a long period, they still receieved their electricity bills. Also, when power supply was cut off for weeks due to major faults, the bills kept coming.

To an extent, this problem has been solved with the introduction of prepaid meters. However, most electricity consumers still use the old billing system which still has a lot of problems.

Most residents eagerly await the completion of the privatisation process of the PHCN which they hope would bring transparency to the billing process.

What do you think about the PHCN’s plan to publish the names of debtors in national dailies? Would this ensure that debtors pay their bills?

Photo Credit: Leadership

Adeola Adeyemo is a graduate of Industrial Relations and Personnel Management from University of Lagos. However, her passion is writing and she worked as a reporter with NEXT Newspaper. She believes that anything can be written about; anything can be a story depending on the angle it is seen from and the writer's imagination. When she is not writing news or feature articles, she slips into her fantasies and creates interesting fiction pieces. She blogs at www.deolascope.blogspot.com

9 Comments

  1. Chattyzee

    September 14, 2012 at 8:42 am

    Another one of those unnecessary actions, all in the name of trying to remain relevant. How will this make people pay for something they did not use? Who cares if the whole of Nigeria sees their names? unnecessary effort that will yield nothing… next!
    http://dprodigalchild.wordpress.com/2012/09/13/act-like-a-man-think-like-a-lady-10tipstofindingawoman/

  2. Sandra

    September 14, 2012 at 8:53 am

    The best way to stop these is by ensuring that every body has the prepaid meter which is far cheaper and beter, cos PHCN are over charging people they just look at how fine your house is to give you bills, i think every body is a debtor cos sum people just get upset with the bill and refuse to pay……well for me i use the prepaid meter so i don’t need to wory…..lol

  3. NNEKA

    September 14, 2012 at 9:57 am

    Please can someone tell me… Is the Prepaid meter meant to be given out free or is it sold out?

  4. Paul egomhan

    September 14, 2012 at 10:24 am

    @NNEKA, in naija, nothing goes for free you have to pay for the prepared meter and the installation.
    I totally agree with some customers of PHCN who have refused to pay on the basis of paying for what they have not use. To get more of this, log to
    http://www.NaijaCan.blogspot.com

  5. Ginika

    September 14, 2012 at 11:03 am

    *Yimu*

    Effective debt collection ni, effective debt collection ko….*mtschew

  6. wura

    September 14, 2012 at 11:15 am

    stupid people,dey dnt come 2 read d meter dey only bring estimated bills and expect people to pay.The last bill dey brought to my house is 98k as if its a factory, but we only pay their current charges every month.5yrs ago it was 100 and something but my mom wrote them and we were given credit 4 a yr cos we didnt stop paying till it was corrected dat resulted to them owning us. pls govt shld private electricity sector so dat we can pay 4 wat we use not 4 wat we dnt use oooo

  7. Tincan

    September 14, 2012 at 11:16 am

    Bleedin’ stupid people! Are they also going to publish all the areas where they haven’t been able to supply electricity. Asinine idea, if you ask me.

  8. huh?

    September 14, 2012 at 5:19 pm

    The money they will used to pay for publish the name of debtors is enuf to settle the debt

  9. Kemi

    September 14, 2012 at 8:51 pm

    Now that’s funny! Dunno how that’s gonna help cuz I’m sure people have better things to do than go on the list to see if they know anyone on it.. Waste of money IMO

    http://journeyofthechosen.wordpress.com/

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