By Ibrahim Shuaibu
Kano Electricity Distribution Company management has said it was yet to receive the second quarter allocation of the 2012 budget from the Federal Ministry of Finance.
The Managing Director/Chief Executive Officer of the company, Alhaji Mohammed Tunde Balogun told a team of House Committee on Power Friday in Kano that out of the N886, 022, 331 allocated to Kano Electricity
Distribution Company in the 2012 budget, only 38 per cent of the total sum has been received from the Federal Ministry of Finance.
According to him, the management of the electricity distribution company in Kano received allocation for first and third quarter, while that of the second quarter was still hanging.
Mr. Tunde who was represented by the Assistant General Manager in charge of Technical Services, Mr. Sadiq Ibrahim revealed that despite all challenges, the Kano zone has been able to shore up its Internally Generated Revenue (IGR), from N400 million to about N1.02 billion recorded in the last September’s collection.
According to him, despite all challenges, the Kano zone has been able to shore up its Internally Generated Revenue (IGR), from N400 million to about N1.02 Billion recorded in the last September’s collection.
He further listed some of the challenges facing the management to include increasing spate of vandalism of PHCN properties, inadequate budgetary provisions, late release of appropriated funds, as well as inefficient workforce in the company.