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Ikeja Electric Partners CDCs And CDAs to Empower New Payment Agents

Ikeja Electric Partners CDCs And CDAs to Empower New Payment Agents

… Starts pilot scheme with Ikorodu Communities

Ikeja Electric, Nigeria’s largest electricity distribution network, has introduced a new scheme under which Community Development Associations and Committees nominate community members to become her payment agents, with the pilot scheme kicking off in the Ikorodu area of Lagos.

This was marked with the handing over of free POS terminals to payment agents nominated by the CDAs and CDCs in Ikorodu. This scheme is being financed by the United Bank for Africa Plc, with E-Top, a payment solution provider, providing the POS machines free of charge.

According to the arrangement of the scheme, payment agents will be entitled to 1.8 per cent of bills they collect from consumers.

Speaking on the initaitive, the Head Corporate Communications, Felix Ofulue, said that the CDAs/CDCs are expected to provide guarantees for nominated members of the Communities and a strategic area to serve as business locations, while Ikeja Electric in partnership with E-top and United Bank for Africa (UBA) complement these by providing Point Of Sales (POS) terminals and provision of fund as start off for the agents.

Ofulue said it is a new approach that reflects the Company’s long standing commitment to delivering practical solutions for Customers and the Communities in which it operates.

 

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