BusinessDay
Nigeria's leading finance and market intelligence news report.

Port Harcourt Disco in search of N40Bn to meter 500,000 customers

NERC-approved disconnection begins * Energy theft now N3Bn per month but Disco set for showdown * CEO says PH will soon smile to new supply boosts

The Port Harcourt Electricity Distribution Company (PHED) says it requires N40Bn to complete the aggressive metering of its customers said to be about 500,000 households. This is as the restiveness within the 1,500 workforce seems to linger. READ ALSO:  Nigerians still groan under ‘crazy’ electricity bills The new managing director, Henry Ajagbawa PhD, who disclosed…



Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.