Senate Says Govt Agencies, Military Owe Electricity Firms

The Nigerian Senate
The Nigerian Senate

FIRS

Senate Says Govt Agencies, Military Owe Electricity Firms

The Federal Government has said that the cost of electricity consumption in Nigeria is among the cheapest and most defaulted by consumers in the world.

This came as the Chairman of the Senate Committee on Power, Senator Gabriel Suswam, said Electricity Distribution Companies had listed military formations, educational institutions and state governments among the defaulters of power bills.

Meanwhile, the Minister of State for Power, Engineer Abubakar Aliyu, who appeared before the Senate Committee on Power alongside the heads of various agencies in the power sector on Thursday in Abuja said electricity was highly subsidised in the country by the Federal Government, making it the cheapest across the globe.

He backed up his claim by making a comparative analysis of the cost of electricity in Nigeria with those of the neighbouring countries.

Aliyu said, “The cost of electricity in Nigeria is the cheapest across the globe, particularly gas to power which is highly subsidised.

“For example, while the cost of electricity in Nigeria is 15 cents per kilowatt, it is 42 cents in the Niger Republic, 23 cent in the Republic of Benin, 25 cents in Mali, 28 cents in Senegal, 27 cents in Burkina Faso etc.”

He, however, lamented that while the government was doing everything possible to make electricity affordable and available for Nigerians, many of the ordinary consumers and even critical agencies of government, default in payment of bills.

Making similar lamentation, the Managing Director of Transmission Company of Nigeria, Sulyman Abdulaziz, said the high rate of defaults on electricity bills by critical government agencies led to the disconnection of Electricity Distribution Companies in Kaduna and Kano from the national grid recently.

He added that although they have been temporarily reconnected, payment must be made through the affected Discos to TCN within the 60 days grace given.

Proffering solutions, the Chairman of the committee, Senator Gabriel Suswam, and other members like Senators Adamu Aliero, and Yusuf Yusuf, suggested deduction from source of electricity bills of such agencies by the Ministry of Finance.

According to Suswam, one of the complaints made by the Discos, particularly those of Kaduna and Kano, is enormous debt incurred by them from electricity bill defaulters.

“ The Discos as stated in the written complaint specifically mentioned military formations across the country, educational institutions, state governments etc to be greatest culprits “ he said.

latest nigerian news papers

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Learn How to Make Money in Real Estate thumbnail

Learn How to Make Money in Real Estate

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. The housing market is on fire in the United States and has been for the past couple of…
Read More
Custody of court-seized Bitcoins: ‘OP_COURT’ thumbnail

Custody of court-seized Bitcoins: ‘OP_COURT’

This post was first published on Medium.We have implemented a smart contract designed for custody and management of seized bitcoins from an individual under suspicion of engaging in illegal activities. The contract has potential to make it more efficient, transparent, and auditable to manage confiscated bitcoins on chain throughout a legal proceeding.It is important to
Read More
5600_白糖(fczcesr303)股吧_东方财富网股吧 thumbnail

5600_白糖(fczcesr303)股吧_东方财富网股吧

发表于 2022-02-06 08:26:00 东方财富Android版 郑重声明:用户在财富号/股吧/博客社区发表的所有信息(包括但不限于文字、视频、音频、数据及图表)仅代表个人观点,与本网站立场无关,不对您构成任何投资建议,据此操作风险自担。 郑重声明:用户在社区发表的所有资料、言论等仅代表个人观点,与本网站立场无关,不对您构成任何投资建议。用户应基于自己的独立判断,自行决定证券投资并承担相应风险。《东方财富社区管理规定》
Read More
Dow Jones Newswires: AB Foods backs FY 2023 view as revenue rises on better-than-expected consumer spending thumbnail

Dow Jones Newswires: AB Foods backs FY 2023 view as revenue rises on better-than-expected consumer spending

Associated British Foods PLC ABF, +0.48% said Tuesday that revenue for the first 16 weeks of fiscal 2023 rose on year after better-than-anticipated consumer spending despite increasing cost pressures, and backed its full-year expectations amid lower inflation volatility. The FTSE 100 company said revenue for the 16 weeks ended Jan. 7 increased at constant currency
Read More
Index Of News
Total
0
Share