IBEDC Loss To Vandals Hits N600m In One Year – COO

Utility firm decries rising cases of vandalism within its franchise Ibadan Electricity Distribution Company (IBEDC) has said it losses over Fifty Million Naira every month amounting to N600 million in a year to vandals of electricity assets within its franchise. The Chief Operating Officer (COO) of the Company, Engr. John Ayodele, who said this in a statement to Platforms Africa, decried the spate of vandalism within its network adding that activities of vandals is beginning to cripple power distribution to its esteemed customers. On the 29th of June, at night,…

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