
MASLOC gives loan defaulters until September 30 to settle their debts
8 mins read
13th August 2024 10:00:03 AM
1 min readBy: Phoebe Martekie Doku
The Northern Electricity Distribution Company (NEDCo) has suffered a GH¢3.7 million loss due to illegal power connections in the Northern Region.
This was revealed by Managing Director Osman Ayuba during a session of the Public Accounts Committee of Parliament on Monday.
“And an estimated power loss or stolen power in the northern area was GH¢3.7 million. The whole NEDCo area was GH¢4.1 million,” he said.
He also noted that NEDCo has managed to recover GH¢1.5 million so far and is taking steps to address the issue and reduce further losses.
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