Ikeja Electric’s losses pile as debt mounts

by | January 12, 2018 1:05 am



An examination of the financial statements of Ikeja Electric Plc indicate that the company is in dare need of restructuring as accumulated losses continue to pile. The Distribution firm or (DisCo), having been compelled by the Nigerian Electricity Regulatory Commission (NERC) to publish the results on their websites, reported a loss of N65.18 billion as…

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