*Nigeria鈥檚 House of Representatives Public Accounts Committee, in the National Assembly, Abuja, invites the 11 electricity Distribution Companies (DisCos) to appear before it in respect of their failure to service the outstanding debts, totalling N2.6 trillion owed to the Federation Account

Isola Moses | 绿帽献妻

The House of Representatives Public Accounts Committee, in the National Assembly (NASS), Abuja, FCT, has invited the 11 electricity Distribution Companies (DisCos) to appear before it in connection with an outstanding debt of N2.6 trillion owed to the Federation Account.

绿帽献妻 reports the Reps Public Accounts Committee reached the resolution Wednesday, August 20, 2025, during an investigative hearing in the Green Chamber of NASS.

Hon. Bamidele Salam, Chairman of the House of Representatives Committee on Public Accounts of the 10th NASS, presided over the session, after a review of the 2021 Auditor-General of the Federation鈥檚 (AGF) report.

The House of Representatives

The session also featured an appearance by Johnson Akinnawo, Managing Director of the Nigerian Bulk Electricity Trading Company (NBET) Plc, who revealed the full the scale of liabilities of the power providers.

NBET documents submitted to the Committee indicated that as of September 30, 2020, the 11 DisCos in the country鈥檚 electricity ecosystem collectively owed the Federal Government a total sum of N2.6 trillion.

The breakdown is as follows:

1. Abuja Electricity Distribution Company (AEDC) 鈥� N330.4 billion
2. Benin Electricity Distribution Company聽 聽 聽 聽 聽 聽 聽 聽 鈥� N233.2 billion
3. Eko Electricity Distribution Company 聽聽聽聽 聽聽聽聽聽聽聽聽聽聽聽聽聽聽鈥� N231 billion
4. Enugu Electricity Distribution Company 聽聽聽聽聽聽聽聽聽聽聽聽聽聽鈥� N258.3 billion
5. Ibadan Electricity Distribution Company 聽聽聽聽聽聽聽聽聽聽聽聽聽鈥� N325.7 billion
6. Ikeja Electricity Distribution Company 聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽鈥� N310 billion
7. Jos Electricity Distribution Company 聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 聽聽鈥� N161.7 billion
8. Kaduna Electricity Distribution Company 聽聽聽聽聽聽聽聽聽 聽聽鈥� N277.7 billion
9. Kano Electricity Distribution Company聽 聽 聽 聽 聽 聽 聽 聽 聽 鈥� N211.7 billion
10. Port Harcourt Electricity Distribution Company 聽鈥� N239.7 billion
11. Yola Electricity Distribution Company聽 聽 聽 聽 聽 聽 聽 聽 聽 聽鈥� N107.4 billion

Besides, the Auditor-General鈥檚 2021 report, which culminated in the investigative hearing, also threw up several other alleged irregularities perpetrated in the power sector of the Nigerian economy.

These include:

• 聽N30 billion in uncollected debt by NBET from market operators
• A N549 million shortfall in NBET鈥檚 1% income from institutional charges
• N100 billion paid by NBET to Generation Companies (GenCos) for electricity not delivered to the national grid
• N26 billion owed to Nigeria by two foreign firms for power exported to Togo, Benin, and Niger
• N166 billion in under-remittance by DisCos, below the Nigerian Electricity Regulatory Commission鈥檚 (NERC) minimum threshold
• N2.7 billion in unpaid invoices by the 11 DisCos

Yahya Kusada, a member of the Committee, after the deliberations, later moved a motion, and another member, Billy Osawaru, seconded it.

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The Federal legislators, therefore, directed all the 11 DisCos to appear before the Committee to explain their alleged persistent non-settlement of their financial obligations.

Kusada stated: 鈥淲ith the magnitude of liabilities before us, these companies must appear before the Committee to clarify their positions and outline repayment plans.鈥�

The Committee further agreed to summon other electricity market operators and participants to address other concerns raised in the Nigerian Auditor-General鈥檚 report.

The House Committee, however, noted that a date for the required appearances would be communicated to the affected parties soon.

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