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SHOCKING!! Nigerian Government Owes N100 Billion In Electrcity Bills

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The Executive Director of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has revealed that the Nigerian government is indebted to about N100 billion in outstanding electricity bills.

Oduntan emphasized the need for the government to create an enabling environment for energy distributors and fulfil its financial obligations.

In an interview with Arise TV, Oduntan disclosed that the debt owed by Ministries, Agencies, and Departments (MDAs) amounts to N100 billion.

He pointed out that the government’s timely payment of electricity bills could have prevented recent situations, such as the presidential villa’s outstanding bill to the Abuja Electricity Distribution Company (AEDC).

The executive director highlighted the recent payment made by President Bola Tinubu to clear the N342.3 million electricity bill owed by the presidential villa stressing the importance of government agencies, including ministries, in fulfilling their financial obligations to electricity distribution companies.

He called for an effective resolution to address outstanding debts and ensure a conducive business environment for energy distributors.

“You will be surprised to find some ministries that are owing Abuja Disco. The ministries, departments and agencies are owing in essence N100 billion. We’ve been saying this for a long time. They didn’t start owing from May 2023. So there is no politics or mischief here. We are talking facts and how we can solve problems,” he said.

The post SHOCKING!! Nigerian Government Owes N100 Billion In Electrcity Bills appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.

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