This came as the Multi-Year Tariff Order released by the Nigerian Electricity Regulatory Commission on Sunday showed that the government incurred N178.03bn electricity subsidy in January despite ...

Ikeja Electric (IE) is N320.16 billion and Port Harcourt Electricity Distribution Company (PHED) gets N178.08 billion. Benin Electricity Distribution Company (BEDC) stands at N197.52 billion ...

Additionally, the profit attributable to owners of the company fell by 100 per cent to N178.95m from N636.59m in 2023. On the balance sheet side, its total assets declined slightly to N14.90bn ...