AEDC Smashes Losses by 10% and Unleashes 70,000 New Meters to Fix Abuja’s Power Crisis

The Abuja Electricity Distribution Company (AEDC) is finally plugging the leaks in its system. In a major performance update released on Thursday, February 26, the utility firm revealed that it has successfully slashed its operational and revenue losses by a massive 10% over the last 14 months, signaling a new era of efficiency for millions of consumers in the North-Central region.

By driving its “Aggregate Technical, Commercial and Collection” losses down from a staggering 42% to 32%, AEDC has proved that its recent internal shake-ups are beginning to pay off. The “State of Harmony” between the provider and the public is being rebuilt through a massive metering blitz, with 70,000 prepaid meters successfully installed since early 2025. This move is specifically designed to kill off the controversial “estimated billing” system that has long been a source of friction for residents.

“We are not where we need to be yet, but these are real electrons flowing through a more accountable grid,” remarked Acting MD Engr. Chijioke Okwuokenye. He noted that moving 70,000 customers to credible, transparent billing has not only boosted customer confidence but has also provided the liquidity needed to fund further network expansion.

The future looks even brighter and potentially less “grid-dependent.” AEDC confirmed it is working closely with the NNPC to tap into the upcoming 350MW Gwagwalada Power Plant. Combined with the company’s new “HoldCo” structure, which allows for more localized management in states like Niger and Kogi, the utility firm is betting on a decentralized future where blackouts become the exception rather than the rule.

While the company still faces hurdles, including legal battles from its recent 800-person staff retrenchment this 10% loss reduction is being hailed by industry analysts as a vital sign of life for a sector that has historically struggled with “energy disappearances.” For the average Abuja resident, the message is clear: the meters are coming, and the “Center of Excellence” might finally get the steady light it pays for.