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Eko DisCo Clarifies MDAs’ Debts

by Mark Itsibor
1 year ago
in Business
Eko DisCo
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Eko Electricity Distribution Company Plc (EKEDC) has clarified that contrary to earlier reports, the aggregate outstanding debt owed by consumers is N144 billion, of which Ministries, Departments and Agencies (MDAs) including the military is owing N42 billion.

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This is against reports that the MDAs, including the army, police, and other government agencies, were owing N144 billion and had refused to pay.

In a statement that was issued by the Bureau of Public Enterprises (BPE), the disco said the clarification became necessary for proper reportage on the matter and to put the records straight.

Recall that during a recent oversight visit by members of the House of Representatives committee on privatisation and commercialisation, led by its chairman, Hamisu Chidari Ibrahim, the acting managing director of the EKEDC, Rekhiat Momoh had informed the members amongst other constraints, about the legacy debts owed the company by MDAs.

 

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