Federal Government allocates N15 billion for  MDAs’ electricity bills  debts

Started by bosman, 2025-01-05 02:48

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Federal Government allocates N15 billion for  MDAs' electricity bills  debts.
Bosmannews cannot confirm  whether this allocation is for  the full or partial settlement of debts.
Electricity  distribution companies often complain  about the increasing debts owed  to government agencies and  departments at  the state and federal  levels.
Nigerian government is said to be 100 billion naira in debt
Bosman reported earlier this year that MDAs  owe about N100 billion in  unpaid electricity debts, according to the Executive Director of the Nigerian Electricity  Distributors Association, Sunday  Oduntan.
Mr. Oduntan said this in February 2024 in an interview with Arise  News. He made the  statement weeks after President Bola Tinubu  said he had ordered the immediate  settlement of the  unpaid electricity bill the villa  owes to the electricity distribution  company. The presidency put the figure at N342.3 million after the State House  leadership and  the AEDC met  to reconcile the accounts. Mr. Oduntan said  the debts  were holding back the growth of the electricity  sector and  insisted that government agencies should not be found wanting in this  regard. "I said  we all  have to pay our  share. On the  government side, we always try to create  a business-friendly environment. Always  do your part by paying your bill," he said.  "We have been saying this for a long time. They  have not started paying since May 2023. So there is no politics or  wrongdoing here.  "Let's talk about facts and how we can solve  the problems," he  added.
MDA owes over N47 billion – AEDC
However, months after the debt  cancellation announced by the  president, the Abuja Electricity Distribution Company (AEDC)  has revealed that the Presidential  Villa, MDA and the Nigerian Army  Headquarters owe the company over N47 billion in  unpaid electricity  bills. The company  has given 86 government ministries, departments and agencies (MDAs) a 10-day notice to pay their debts or  face dissolution.
According to the public  notice issued by the AEDC in June 2024, the Nigerian Army owed N12 billion while the  Nigeria Police owed N1.3 billion.  He added that the  presidential villa had an outstanding  debt of N923 million.

[attachment deleted by admin]