As of December 2023, President Bola Tinubu’s Presidential villa along with 85 ministries, departments, and agencies (MDAs) under both federal and state governments collectively owe the Abuja Electricity Distribution Company (AEDC) a staggering N47.195 billion in outstanding debts. This revelation was made public through a disconnection notice published by the AEDC in a national daily on Monday.<\/p>\n
Among the top debtors listed by the AEDC are prominent entities such as the Chief of Defence Staff, Barracks, and Military formations, the Federal Capital Territory Authority, and the Ministry of Finance. Additionally, the Ministry of Power, Ministry of State Petroleum, Central Bank Governor, the Independent National Electoral Commission (INEC), and the Nigeria Police Force are among the MDAs listed as owing substantial sums to the AEDC.<\/p>\n
In response to the mounting debts, the AEDC has issued a stern 10-day notice to the indebted MDAs, setting a deadline of February 28 for them to settle their outstanding bills or face disconnection of services. The company emphasized its intention to take action against non-compliant entities, suspending their electricity supply until their debts are cleared.<\/p>\n
The urgency of addressing these outstanding payments is underscored by the Minister of Power’s recent disclosure that the government inherited a staggering N3 trillion in electricity subsidy debts. He further indicated that the Nigerian government would need to discontinue electricity subsidies, highlighting the critical need for prompt settlement of outstanding bills.<\/p>\n
Meanwhile, reports indicate that Nigeria’s electricity supply has experienced a significant nationwide drop in recent weeks. Adelabu, last month, attributed this decline to gas constraints, shedding light on the complex challenges facing the nation’s energy sector.<\/p>\n
As the deadline for payment approaches, the spotlight is on the indebted MDAs to fulfill their financial obligations and prevent further disruptions to electricity services.<\/p>\n","protected":false},"excerpt":{"rendered":"
As of December 2023, President Bola Tinubu’s Presidential villa along with 85 ministries, departments, and agencies (MDAs) under both federal and state governments collectively owe the Abuja Electricity Distribution Company (AEDC) a staggering N47.195 billion in outstanding debts. This revelation was made public through a disconnection notice published by the AEDC in a national daily […]<\/p>\n","protected":false},"author":20,"featured_media":20190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-20183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=20183"}],"version-history":[{"count":4,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20183\/revisions"}],"predecessor-version":[{"id":20197,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20183\/revisions\/20197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/20190"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=20183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=20183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=20183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}