Following threat of disconnection of electricity supply, the presidency has resolved to quickly settle the Abuja Electric Distribution Company (AEDC) the sum of over N342 million standing as its outstanding debt to the company.
This is coming even as the presidency denied the N923 million which AEDC claimed is the outstanding debt against it.
In a statement today, February 20, the special adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga said: “contrary to the AEDC’s initial claim of N923 million debt in paid advertorial in newspapers, the State House outstanding bill is N342, 352, 217.46, according to a letter by the management of AEDC to the State House Permanent Secretary dated February 14, 2024.
“Having reconciled the position to the satisfaction of both parties, the Chief of Staff to the President, Rt Hon. Femi Gbajabiamila, has given assurance that the debt will be paid to AEDC before the end of this week.”
Onanuga said that the Chief of Staff also urged other MDAs to reconcile their accounts with AEDC and pay their electricity bills.
