Nigerian Reps Summon Electricity Distribution Companies Over N100bn Debt
The Public Accounts Committee (PAC) of the Nigerian House of Representatives has summoned the management of Ibadan Electricity Distribution Company (IBEDC), Benin Electricity Distribution Company (BEDC), and Port Harcourt Electricity Distribution Company (PHEDC) over their failure to remit N100 billion to the federal government. The companies were given a 72-hour ultimatum to appear before the committee or face sanctions.
This action follows a wider investigation launched by the committee in August 2025 to address the alleged N2.6 trillion debt owed by 11 electricity distribution companies to the federal government. The companies' repeated absence and disregard for legislative authority have raised concerns among lawmakers, emphasizing the need for accountability and transparency in the power sector.
Plus234Feed summary based on reporting from Legit NG. Read the original report below.
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