The power business in Nigeria has a scapegoat who get the blame for everything—the Distribution companies (DisCo's).
Transcorp took over the Abuja Electricity Distribution Company (AEDC) in 2023 following a debt default and a threat of TCN disconnection. Engr. Chijioke Okwuokenye was handed the reins to fix the business, restore trust, and prepare for a deregulated market as the MD/CEO.
But transformation is a complex task with multiple aspects. We had Engr. Chijioke in the studio to discuss how you fix revenue without alienating customers, which infrastructure investments actually improve reliability, how workforce restructuring affects service delivery, and how AEDC is positioning itself as Nigeria's electricity market decentralises under the 2023 Electricity Act.
This is the business of power distribution in Nigeria (without trust).