According to report reaching oyogist.com, Oyo State Government and Ibadan Electricity Distribution Company (IBEDC) have resolved their disagreements.
IBEDC in its own argument, said that the Oyo State Government was owing the company the sum of four hundred and fifty million naira (N450m).
The company went ahead to disconnect the power supply to the government secretariat on Wednesday.
The state government then, went ahead to seal all the offices of the company in the state.
The government explained that it sealed the offices because the company was owing the state government outstanding tax amounting to four hundred million naira (N400m).
The two parties after a meeting at the government secretariat in Ibadan declared their readiness to work together.
They promised to find an amicable resolution of all issues surrounding the recent sealing of the IBEDC offices.
The parties in a statement jointly signed by Commissioner for Energy and Mineral Resources, Seun Ashamu and the Chief Operating Officer of IBEDC, John Ayodele, promised to continue to work together in the interest of the residents of the state.
“This is to notify the general public that the Oyo State Government and the IBEDC have resolved and agreed to work together in the interest of the public.
“The general public is hereby assured of the restoration of electricity supply as soon as possible, while the two parties shall continue amicable resolution of the issue in the interest of the public, including working together to make electricity meters available to residents of the state.”
