IBEDC: UCH appeals for more time to clear outstanding bills

The management of the University College Hospital (UCH) Ibadan, Oyo State, has urged IBEDC to give it time to source funds to clear its outstanding bills.
UCH also noted that it would also not be able to make payment over the weekend as demanded by the power company.
Barely 48 hours after the IBEDC restored power to UCH, after agreeing on a payment package with the hospital’s management, IBEDC has said power may be disconnected from UCH if its terms are not met.
In a letter addressed to IBEDC’s management, the hospital stated: “It has been noted that the hospital was reconnected to the grid based on the agreement that the balance of N52,439,217.94 from the N112,349.217.94 representing 25 per cent of the total outstanding bill will be paid within 48 hours.
”It is in view of this that we are pleading for your kind understanding that the hospital will not be able to make payment. However, we promise to pay on Monday, April 8, 2024.
“In the same vein, we also solicit your endurance for the payment of the April bill plus the N50 million monthly repayment by April 30, 2024. This is to enable the hospital to have ample time to source for funds.”
Reacting to the letter, IBEDC countered: “Please note that the hospital was reconnected to the grid on 04/04/2024 and the balance of N52,439,217.94 from the N112,349,217.94 representing the 25 per cent of the total outstanding balance is expected to be paid not later than 6pm on 06/04/2024 as agreed.
“Be reminded that your April 2024 electricity bill will be out by Monday 08/04/2024 which you are expected to pay in full plus the N50m monthly repayment from the total outstanding debt not later than 16/04/2024.
“All the terms and conditions committed to are to be met for us to continue to serve the hospital, failure to which we would be left with no other choice than to withdraw our service again and reconnection will only be done this time after the full payment of the total outstanding balance.”