Tag: Loss

  • IBEDC loses N1.8bn monthly to capping of estimated billing – MD

    IBEDC loses N1.8bn monthly to capping of estimated billing – MD

    The Ibadan Electricity Distribution Company (IBEDC), on Monday, said it lost more than N1.8 billion to capping of estimated billing, describing it as a disservice to the energy industry.The acting Managing Director of the company, Mr John Ayodele, stated this in an interview with our correspondent in Ibadan.Ayodele said that the company had been willing…