FG probes N120bn power loss on Ikorodu–Sagamu corridor

BusinessDay | 31-08-2026 12:20pm |

The Federal Government has initiated a technical and forensic investigation into suspected energy theft and other irregularities on the Ikorodu–Sagamu corridor, estimated at N120 billion. The probe aims to address power losses and ensure accountability in the electricity sector. Details of the investigation's scope and timeline have not been disclosed.

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