Ikeja Electric Plc is celebrating the first-year anniversary of its Willing Buyer- Willing Seller initiative also known as bilateral power by customers.
This initiative, which kicked off in August 2019 was first implemented in Magodo Phase 2 and was subsequently adopted by Diamond Estate, Magodo Brooks, Ogudu GRA, Ikeja GRA, Abule Onigbagbo, G. Cappa, Omole Phase I&II, Maryland Crescent, Shonibare, Hilltop Aboru, River Valley and Adebowale Senbanjo Estates all in the Ikeja Electric network.
Speaking on the first anniversary of Bilateral Power, Chief Executive Officer, Ikeja Electric, Mrs. Folake Soetan, said results achieved so far by Ikeja Electric through the service speak volumes of the sustainability and reliability of this model. She noted that the DisCo’s motivating factor to come up with Bilateral Power stemmed from its determination to actualise its slogan which is bringing energy to life and driven by passion to harness electricity supply in bolstering socio-economic activities in Nigeria.