11 electricity distribution companies owe Federation Account N2.6 trn
Eleven electricity distribution companies in Nigeria have been reported to owe the Federation Account a huge sum of ₦2.6 trillion, according to the Nigerian Bulk Electricity Trading Company (NBET) PLC. The revelation was made by NBET’s Managing Director, Johnson Akinnawo, when he appeared before the House of Representatives Committee on Public Accounts on August 20. […]