By Bilesanmi Abayomi
Ikeja Electric Plc (IE), a prominent electricity distribution company, has recently entered into a significant Memorandum of Understanding (MoU) with two distinguished Original Equipment Manufacturers (OEMs), Kabelmetal Nigeria Plc and Nigerchin Wire and Cable Ltd, in a groundbreaking move aimed at strengthening its electricity distribution network.
L-R, Istifanus Dodo, Head Sale/Marketing, Eric Waldner, CEO, both of Kabelmetal Nig Plc; Folake Soetan, CEO, Babatunde Osadare, Head Legal, and Amina Louis, Head Supply Chain Management, all of Ikeja Electric during the signing of MOU for the supply of customized cables to Ikeja Electric recently.
The partnership marks the first-of-its-kind commitment in the Nigerian Electricity Supply Industry (NESI) where manufacturers pledge to supply customized cables to a Distribution Company (DisCO).
The formal sign-off ceremony took place at Ikeja Electric’s corporate headquarters, where the Chief Executive Officer (CEO), Folake Soetan, expressed her excitement over the collective effort that led to this remarkable feat. Soetan lauded the partnership, recognizing it as a decisive step in the right direction. The timely and regular supply of cables and associated materials would enable Ikeja Electric to address faults more efficiently and accelerate ongoing projects, ultimately fostering steady energy growth.
L-R, Obajuwana Isaac, Manager, Sale/Marketing, Sunil Kumar, General Manager, both of Nigerchin, Wire & Cable Ltd; Folake Soetan, CEO, and Babatunde Osadare, Head Legal, both of Ikeja Electric during the signing of MOU for the supply of customized cables to Ikeja Electric recently.
“As a customer-centric organization, IE remains committed to delivering excellent service to our esteemed customers,” declared Soetan. She emphasized that this strategic alliance with Kabelmetal Nigeria Plc and Nigerchin Wire and Cable Ltd would cultivate a mutually beneficial relationship and deeper business engagements between the parties involved.
Eric Waldner, the Managing Director of Kabelmetal Nigeria Plc, and Sunil Kumar, the General Manager of Nigerchin Wire and Cable Ltd, also expressed their optimism during the event. They conveyed their enthusiasm about venturing into such an agreement with a Distribution Company for the first time. Both manufacturers pledged unwavering support and collaboration to ensure prompt delivery of the materials required by Ikeja Electric.