Company Profile
IBEDC formally came into existence on 1st November 2013 as part of the unbundling of the electricity sector. We cover the largest franchise area in Nigeria, made up of –Oyo, Ogun, Osun, Kwara and parts of Niger, Ekiti and Kogi states. To ensure effective and competent management of such a large network, we are organized into five regions, namely Oyo, Ibadan, Osun, Ogun & Kwara regions, the regions are made up of Business Hubs. Each region is manned by a Regional Head.
We are a focused and customer friendly institution, satisfying our customers is the fulcrum of our distribution, marketing and billing operations. We are determined to be the best distribution company in the country and this vision is entrenched in the values of the company.
Executive Management
Corporate Governance
CORPORATE GOVERNANCE STATEMENT
The Board of Directors, Board Committees, Executive Management, and all employees of IBEDC commit themselves to the fundamental principles of sound corporate governance and acknowledge that the same are necessary components of sound strategic business management that will enhance the value of the company. The company adheres to the principles of integrity, accountability, fairness, equity and transparency to develop and uphold an ethical culture that will protect and promote the best interest of the company for the common benefit of the company’s shareholders and other stakeholders.
DISCLOSURE AND TRANSPARENCY
The Board shall always commit to fully disclose material information dealings. It shall cause the publication of all required information for the interest of the stakeholders. All material information may include earnings, results, acquisition or disposition of assets, board changes, related party transactions, shareholdings of Directors, changes in ownership, remuneration (including stock options) of all Directors and senior management, corporate strategy, and off-balance sheet transactions.
IBEDC COVERAGE STATISTICS
33kV Feeders
11kV Feeders
Injection Substations
Distribution Substations
Audited Financial Statements
At IBEDC, all account are comprehensively examined and audited by CPA in order to ensure that the audited account statement adheres to general accounting principles and auditing standards.
Our Offices / Network
Our offices are few minutes drive/walk from your doorstep. We cover the largest franchise area in Nigeria, made up of Oyo, Ogun, Osun, Kwara and parts of Niger, Ekiti and Kogi States. To ensure effective and competent management of such a large network, we are organized into five regions, namely Oyo, Ibadan, Osun, Ogun & Kwara regions, the regions are made up of Business Hubs. Each region is manned by a Regional Head. We are a focused and customer friendly institution, satisfying our customers is the fulcrum of our distribution, marketing and billing operations.