Port Harcourt disco announces N2.2bn loss

14 November 2016, Port Harcourt – The Port Harcourt Electricity Distribution Company said it lost N2.2bn in revenue to unpaid bills and electricity wastage by consumers. The Managing Director of 4Power, owners of PHED, Mr. Matthew Edevbie, said that 90 per cent of meters in homes were by-passed which was partly responsible for the revenue […] More »