Simi Applauds Ikeja Electric For Providing Stable Electricity For Magodo Residents

Singer, Simi has expressed her delight and disbelief as she and her Magodo resident have enjoyed electricity over a week following the signing of the Premium Power Agreement.


The deal initiative is a power purchase agreement under the Willing Buyer, Willing Seller initiative issued by the Nigerian Electricity Regulatory Commission (NERC).

It entails a commitment to specific service level standards while the customer agrees to pay a tariff that is above the current MYTO tariff.

At the contract signing ceremony, two weeks ago, the chief operating officer of Ikeja Electric, Folake Soetan, expressed confidence in the success of the trend-setting agreement which she noted was in line with the FG’s “willing seller, willing buyer” policy.

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