Yola Disco loses N9bn annually on Jimeta network — Chairman
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The Yola Electricity Distribution Company reports annual losses of 9 billion naira on its Jimeta network. These losses consist of both energy and revenue. The chairman stated that this financial deficit hinders the company's ability to pay staff salaries. It also prevents the procurement of new equipment and the rehabilitation of existing infrastructure.
The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate infrastructure and pay staff salaries. Read More: https://punchng.com/yola-disco-loses-n9bn-annually-on-jimeta-network-chairman/
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