Business
Abuja Electricity to disconnect Aso Rock Villa, 85 other agencies
Abuja Electricity Distribution Company (AEDC) has served a notice of disconnection to Aso Rock Villa, and 85 other ministries, departments, and agencies under the federal and state governments. The disconnection notice was published in a national daily on Monday, February 19, stating that the indebted MDAs have been given a 10 days grace period to pay. The AEDC said it was being owed N47.195 billion in outstanding debts as of December 2023.
It listed the Chief of Defence Staff, Barracks and Military formations, the Federal Capital Territory Authority, and the Ministry of Finance as its top debtors during the period. Other agencies are the Ministry of Power, Ministry of State Petroleum, Central Bank Governor, the Independence National Electoral Commission, INEC, Nigeria Police Force, and other MDAs listed as debtors to AEDC. “The relevant MDAs are hereby given that AEDC shall, after the expiration of 10 days from the day of the publication, that is, after Wednesday, February 28, 2024, embark on disconnection of service to them until they discharge their obligation to pay us their debts”, the company said”.
-
Oil and Gas1 day agoNUPRC vows not to approve divestments that doesn’t meet considerations
-
Oil and Gas1 day agoIran eases Strait of Hormuz transit rules amid oil shock
-
Finance1 day agoCardoso seeks collaboration to check cross‑border financial risks
-
Oil and Gas1 day agoCourt orders forfeiture of $13m linked to Aisha Achimugu’s firm
-
Oil and Gas1 day agoOil falls as reports of 15-point proposal spurs ceasefire hopes
-
Economy1 day agoNigeria to launch trade platform at ports as part of reform push
-
Finance1 day agoCourt nullifies CBN’s regulatory intervention in Union Bank in 2024, rules it acted beyond its powers
