The House of Representatives Public Accounts Committee (PAC) has summoned the management of Ibadan Electricity Distribution Company (IBEDC), Benin Electricity Distribution Company (BEDC), and Port Harcourt Electricity Distribution Company (PHEDC) over outstanding debts estimated at more than N100 billion owed to the Federation Account.
At a public hearing on Monday, the committee gave the three electricity distribution companies (Discos) a 72-hour ultimatum to appear before it or face sanctions for legislative contempt.
The committee, chaired by Representative Bamidele Salam, issued the directive after noting that the affected Discos had failed to honour several previous invitations.
The resolution followed consideration of an interim report presented by the chairman of the subcommittee, Hon. Mark Chidi Obetta.
Recall that on August 20, 2025, the PAC summoned 11 electricity distribution companies over a cumulative debt of ₦2.6 trillion owed to the Federation Account.
However, the management of IBEDC, BEDC, and PHEDC have consistently failed to appear before the committee to account for their outstanding liabilities, as detailed in the Auditor-General’s reports for the 2021 and 2022 financial years.
The committee condemned what it described as deliberate acts of legislative contempt by the three Discos and warned that stiff sanctions would be imposed should they fail to appear before the committee on Thursday, December 18, 2025.
Speaking at the hearing, Chairman of the committee, Rep. Salam, expressed deep concern over the long-standing nature of the debts, noting that some of the liabilities have remained unpaid for over a decade.
He stressed the need for urgent and decisive action to recover the funds and ensure they are properly accounted for in the interest of the Nigerian government and the public.
The committee subsequently reiterated its directive, giving the management of the affected Discos until Thursday 18th December, 2025 to appear and provide explanations for the outstanding payments.
