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Security agencies, MDAs owe Eko Disco N42bn – BPE

According to the statement, the Disco affirmed that its total outstanding debt was N144bn, of which the MDAs and the military owe N42bn.

“The Eko Electricity Distribution Company Plc has clarified that contrary to earlier reports, the aggregate outstanding debt owed by consumers is N144bn, out of which, ministries, departments, and agencies including the military owe N42bn,” Othman stated.

The statement said this was against prior reports that the MDAs, including the army, police, and other government agencies, were owing N144bn and had refused to pay.

“In a statement on Thursday, September 6, 2024, the Disco said the clarification became necessary for proper reportage on the matter and to put the records straight,” she noted.

Recall that during a recent oversight visit by members of the House of Representatives Committee on Privatisation and Commercialisation, led by its Chairman, Ibrahim, the acting Managing Director of the EKEDC, Mrs Rekhiat Momoh, among other things, had informed the members about the legacy debts owed the company by MDAs.

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