Ikeja Electric marks 10 yr anniversary, underscores achievements, future possibilities

Ikeja Electric marks 10 yr anniversary, underscores achievements, future possibilities
Ikeja Electric marks 10 yr anniversary, underscores achievements, future possibilities (Photo: Tribune Online)

As part the activities to mark its ten (10) years anniversary, the Board and Management of Ikeja Electric (IE) Plc, one of the largest distribution company on Wednesday thrilled its staff to a hybrid session that highlighted the past achievements and plans for the immediate future.

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The Chairman of the Board of Directors, Dr. Kola Adesina, in his welcome address commended the staff for their dedication and agility they have demonstrated over the years, thus have set the DisCo apart as the trailblazer in the Nigerian energy sector.

Adesina who is also the Group Managing Director of Sahara Group, appreciated the transformative period in the last decade since 2013, when the company experienced some managerial restructuring and strategically rebranded from IKEDC to IE in 2015.

In a statement issued on Friday by Kingsley Okotie, Head, Corporate Communications, IE, Adesina clarified: “These steps were not just a change of name but symbols of our commitment to progress, innovation and most importantly to you our invaluable team.

“We made history by being the first to launch a Bilateral Project, in 2019, thus showcasing our collaborative spirit and devotion to achieving excellence through teamwork. Followed by the introduction of a 24-hour dedicated service for bilateral operations and emphasizing our commitment to providing seamless service and setting new standards in the industry.

“Our passion for exceptional service delivery is evident in our initiative to adopt automated payment channels, by making transactions seamless and more efficient for our valued customers. We are not just providing a service rather creating experiences that resonate with our customers”.

Also speaking, the Chief Executive Officer of Ikeja Electric, Mrs. Folake Soetan, while commending the team, highlighted the many industry first achievements in the past decade to include three (3) global certifications which are ISO 9001:2015 (Quality Management System), ISO 45001:2018 (Occupational Health and Safety Management System), and ISO 14001:2015 (Environmental Management System).

This she said in 2019, had elevated the Company to been the first distribution company to attain all three certification categories; adding that this reflects the dedication and hard work of every staff that contributes to company’s commitment to excellence.

Soetan further stressed that in recognizing the importance of transparency and accountability, Ikeja Electric successfully deployed 830,292 meters to it customers, giving them control over their energy consumption and fostering a sense of empowerment.

Other successes recorded in 2023 which the CEO of IE highlighted include remarkable reduction in the company’s Aggregate Technical Commercial & Collection losses from 44 per cent in 2015 to an impressive rate marginally below 20 per cent through collective efforts in operational efficiency and sustainable energy practices.

“Time and again, we have undoubtedly demonstrated that our strength lies not only in our technical expertise but in the hearts and minds of the incredible individuals that make up Ikeja Electric Plcs dedicated Employee Volunteer Scheme, who passionately commit to and participate in giving back to our host communities and families.

“As we recount on our journey, let us also look forward to the exciting possibilities that the future holds. Together, as one cohesive team, let us continue to illuminate lives, empower communities, and drive Ikeja Electric Plc to even greater heights”, Soetan said.

Earlier, the Director, Post Transaction Management Department in the Bureau of Public Enterprises, and Board member of IE, Mr. Toibudeen Oduniyi who expressed optimism at IEs innovative spirit, urged the staff on remaining committed to delivering exceptional service to its teeming customers.

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Written by Percy Onyeka

A seasoned Tech/Business Analyst, Digital Media Consultant , Publisher and Entrepreneur with more than a decade experience. Online Editor in Chief-New National Star newspaper and a host of clients...

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