Home / Probes / LAO-0345

₦2.6 trillion owed to the Federation Account by electricity distribution companies

Status

No final report

Assembly

House of Representatives

Opened

20 August 2025

Assembly term

10th National Assembly (2023–2027)

Committee

Committee on Public Accounts

Sum at issue

₦2.6 trillion

Subject

Revenue and remittances

Without a report for

448 days

Reviewing the Auditor-General's 2021 report, the House Public Accounts Committee, chaired by Bamidele Salam (PDP, Osun), summoned the 11 electricity distribution companies over ₦2.6 trillion they owed as of September 30, 2020, according to documents from the Nigerian Bulk Electricity Trading Company presented by its Managing Director, Johnson Akinnawo. The largest debts were those of the Abuja (₦330.4 billion), Ibadan (₦325.7 billion) and Ikeja (₦310 billion) companies.

What the record shows

20 August 2025
Probe opened.
As of 11 November 2026
No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.