Military to Settle Part of N9.4bn Electricity Debts in 2017

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The Ministry of Defence may settle part of the N9.4 billion debts owed for electricity consumption by various military formations across the country, going by the provision of N2.35 billion contained in the ministry’s budget for this year, to partly offset the obligation to the power distribution companies, Independent reports.

These debts were accumulated by the three armed forces over some years. The Minister of Defence, Mansur Dan-Ali, last year, informed the House of Representatives Committee on Defence that the debts accumulated over the years due to the failure of the services to pay their respective electricity bills.

The electricity debts of the Army, Navy and Air Force were captured in the 2017 budget of the Ministry of Defence, which Dan-Ali presented to the House in Abuja. On the electricity bills, the document stated: “PHCN (defunct Power Holding Company of Nigeria) outstanding debt. This is an accumulated debt for the services arising from non-payment of their electricity bills. The amount involved is N9.4 billion.”

Source: EnergyMix

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