Tinubu’s presidential villa, 85 other MDAs owe AEDC N47,195bn

As of December 2023, the Abuja Electricity Distribution Company (AEDC) was in debt N47,195 billion from the Presidential Villa of President Bola Tinubu and 85 other federal and state government ministries, departments, and organizations.

The National Daily published a disconnection notice on Monday, which the AEDC released.

The Federal Capital Territory Authority, the Ministry of Finance, the Chief of Defense Staff, and barracks and military units were all mentioned by the AEDC as its top debtors for the time under consideration.

Additional parties mentioned as debtors to AEDC include the Ministry of Power, Ministry of State Petroleum, Governor of the Central Bank, the Independence National Electoral Commission, INEC, Nigeria Police Force, and other MDAs.

As per DisCo, the debtor MDAs have been notified that they have 10 days, or until February 28, to settle their payments or risk being disconnected.

According to the firm, “AEDC hereby gives the relevant MDAs notice that, following the expiration of ten days from the date of publication, that is, after Wednesday, February 28, 2024, AEDC will begin to disconnect service to them until they fulfill their obligation to pay us their debts.”

It was just four days ago, according to the Minister of Power, that the government acquired N3 trillion in debt from electricity subsidies.

The Nigerian government would have to stop providing electricity subsidies, he claimed.

Nigeria’s national electricity supply had reportedly been cut off for weeks.

Adelabu last month attributed Nigeria’s declining electricity supply to gas shortages.