Yola Disco loses N9bn annually on Jimeta network — Chairman
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Punch Newspaper
Reported by Emmanuel Ande
Fri, 6 Nov 2026, 15:36
Photo courtesy of Punch Newspaper · Verified via News Stand NG
Source Attribution: Punch Newspaper
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The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries. Ayida said the investment was aimed at improving electricity supply, creating jobs for residents of Adamawa State and boosting revenue to enable the company to reinvest in its operations.
Context & Background
✦Ayida said the company decided to establish the factory rather than import materials to address the infrastructure deficit.
Key Figures & Named Entities
₦9:The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.Friday:The Chairman of YEDC’s Board of Directors, Omatseyin Ayida, disclosed this on Friday during the inauguration of the Rhossili International pole plant factory along the Yola-Numan Road.₦740:That is ₦740m monthly, about ₦9bn annually lost in the sector, funds that are meant for equipment procurement, rehabilitation and staff salary payments,” he said.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.
✦Ayida said the investment was aimed at improving electricity supply, creating jobs for residents of Adamawa State and boosting revenue to enable the company to reinvest in its operations.
✦Ayida said the company decided to establish the factory rather than import materials to address the infrastructure deficit.
Key Facts:₦9: The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.Friday: The Chairman of YEDC’s Board of Directors, Omatseyin Ayida, disclosed this on Friday during the inauguration of the Rhossili International pole plant factory along the Yola-Numan Road.₦740: That is ₦740m monthly, about ₦9bn annually lost in the sector, funds that are meant for equipment procurement, rehabilitation and staff salary payments,” he said.today: This facility we are commissioning today will produce over 10,000 concrete poles required for this project alone, which translates to 397 high-tension and 9,939 low-tension poles,” he said.
Editorial Excerpt
The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.
Frequently Asked Questions About This Story
What is the latest development regarding Adamawa State?
The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.
Who are the key organizations or public figures mentioned?
Ayida said the investment was aimed at improving electricity supply, creating jobs for residents of Adamawa State and boosting revenue to enable the company to reinvest in its operations.
What timeline or key figures were confirmed?
The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries.
