Port Harcourt - The Port Harcourt Electricity Distribution Company (PHEDC)
on Tuesday projected that it would take between 100 days and 180 days to
stabilise power supply in the four states under its jurisdiction.
The states are Akwa Ibom, Bayelsa, Cross River and Rivers states.
Matthew Edevbie, the Managing
Director of 4Power Consortium, owners of PHEDC, made the disclosure while
addressing workers at the inauguration of the in company in Port Harcourt.
4Power Consortium Ltd acquired some assets of PHCN during the just concluded
power sector reform.
Edevbie said the projected days would enable the company to
restructure its management and put mechanisms in place towards improved
“We have a very challenging task ahead, but we are confident that we will
succeed in satisfying customers and also make profit from our investments.
“Workers must brace up to meet the Federal Government and customers’
expectations in providing efficient and stable electricity supply to our
“The challenges facing the company in providing stable electricity supply
are enormous, but we are equally convinced that the opportunities in the sector
“In this transition period of 100 to 180 days, we will also focus on
upgrading our network as well as harmonise our electricity billings to ensure
the company’s survival,” he said.
Edevbie called on workers to abstain from acts that would derail the Federal
Government’s power sector reform.