Military, MDAs Owe DisCos N59.3 billion

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Power Sector Stakeholders Meeting
Power Sector Stakeholders Meeting

The Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) chaired the thirteenth monthly meeting of operators in the electricity industry which held on Monday, March 13, 2017 at Transcorp Power Limited, Ughelli, Delta State.

It was revealed that the debt owed by Federal Government ministries, departments and agencies (MDAs) to power distribution companies (DISCos)  amounts to N59.3 billion with defence, military and security agencies owing N51 billion. The report stated that all verified bills would be recommended for payment on a first-come first-serve basis as a demonstration of government’s determination to lead by example with regards to payment for electricity delivered.

With representatives at the highest executive management levels in the power sector in full attendance, the meeting focused on identifying, discussing, and finding practical solutions to critical issues facing the Nigerian Electricity Supply Industry.

Commissioner of the Nigerian Electricity Regulatory Commission (NERC) was present along with Managing Directors and CEOs of Generating Companies (GenCos), Distribution Companies (DisCos), and the Transmission Company of Nigeria (TCN), as well as various government agencies such as the Niger Delta Power Holding Company (NDPHC), the Nigerian Bulk Electricity Trader (NBET), Nigerian Electricity Liability Management Company (NELMCO) and Nigerian Electricity Management Services Agency (NEMSA) responsible for the regulation and development of the electricity industry.

Electricity Distribution Company and Yola Electricity Distribution Company reported on completion of maintenance works in Awka and Maiduguri to improve service delivery to targeted customers. The meeting commended the completion of the projects. The meeting also received report on work being done to restore power to Magboro community in Ogun State and Irele and Omotosho communities in Ondo State.

 

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About Busayo Oladejo 415 Articles
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