Presidential villa 750x375
The Abuja Electricity Distribution Company (AEDC) has taken a firm stance against outstanding debts owed by various government ministries, departments, and agencies (MDAs), including the Presidential Villa, with a total debt amounting to N47.195 billion as of December 2023.
In a published notice in the national daily (PUNCH) on Monday, February 19, AEDC made it clear that these indebted MDAs have a 10-day ultimatum, ending on February 28, to settle their outstanding bills or face disconnection of services.
The list of top debtors includes prominent entities such as the Chief of Defence Staff, Barracks, and Military formations, the Federal Capital Territory Authority, Ministry of Finance, Ministry of Power, Ministry of State Petroleum, the Central Bank Governor (CBN), the Independent National Electoral Commission (INEC), and the Nigeria Police Force, among others.+
AEDC reiterated its commitment to enforcing the disconnection of services if the MDAs fail to clear their debts within the specified deadline.
The Minister of Power, Adebayo Adelabu, had previously highlighted the immense financial burden associated with electricity subsidy debts inherited by the government, amounting to N3 trillion.
This underscores the pressing need to address and potentially discontinue these subsidies in the future to alleviate the strain on the nation’s finances.
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