Fidelity bank banner Bayelsa State banner
Army, Navy and the Air Force owe N9.4bn electricity bills

By News Express on 14/02/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,571


Three key armed forces, the Nigeria Army, Navy and the Air Force are indebted to the electricity distribution companies to the tune of N9.4 billion.

The debt accumulated in the last couple of years arose in spite of budgetary provisions in previous 2015 and subsequent supplementary budgetary allocations to deflect them, especially following high powered entreaties to that effect.

Nigerian Pilot Sunday scooped that the discos had repeatedly appealed to the military authorities to endeavour to offset the debt to no avail, forcing them to write letters and then follow up with high level visitations to discuss and negotiate downward the debt.

Nigerian Pilot Sunday recalls that in 2014, following the choking debts put at about N49,305,181,196.66 owed the 11 electricity distribution companies (Discos) in the country by both the federal, state governments and other agencies, the Nigerian Electricity Regulatory Commission (NERC), had written to the federal government demanding payment of the debts.

Then it was revealed that the combined figures of N27,635,968,440.69 was accumulated since the handover to private sector firms in November 2013, while the Abuja Electricity Distribution Company alone was owed N7 billion. The amount has since increased, according to our findings.

Former President Goodluck Jonathan had acted on NERC letter by the Secretary to the Government of the Federation to authorise the then Accountant-General of the Federation to deduct at source their debts from defaulting MDAs.

However, we gathered that some two years later, the directive to deduct from source was yet to be implemented.

Last Wednesday, the Defence Minister, Monsur Dan-Ali, a retired Brigadier-General, confirmed that the services were heavily indebted to the distribution companies and would want to offset debt.

He informed the House of Representatives Committee on Defence that the N9.4 billion has been accumulated over the years due to the failure of the forces to pay their electricity bills.

To address the situation, the minister, who was defending the ministry’s 2016 budget, said out of the N16 billion proposed as capital vote for 2016, the arm is to spend the sum of N11.8 billion on “judgement debts.”

Meaning the amount left to even clear the electricity bills was grossly inadequate and many feared the situation will linger or even worsen.

The budget states that the balance will be used to fund 31 projects for the military this year. (Nigerian Pilot)

•Photo shows Chief of Defence Staff, Gen. Gabriel Olonisakin.

Source News Express

Posted 14/02/2016 1:49:29 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Traders count losses as Tinubu’s daughter reopens market...

Nigeria to deploy troops to Liberia again

Osinbajo meets with Magu, new Acting DSS DG...

FG partners U.S. on fair labour practices

Missing N36m: Senator Shehu Sani storms JAMB Headquarters...

Why Boko Haram bombed Chibok and Gombi markets,...

Nigeria closes 5 foreign missions

Edo woos Singaporean investors

Reality TV star Kylie Jenner gives birth

Konga, Yudala formalise merger, set to rule e-commerce...

Rivers APC accuses Wike of squandering N60B in...

Uduaghan commiserates with the Edodos, Ajuyahs; calls for...

 

Latest News Special security force nabs gunrunner, soldier, policeman, 4 Fulani militia men fuelling herdsmen/farmers crisis Madumere wins again as court refuses to vacate order restraining the swearing-in of new Imo Deputy Gov 2 Nigerian pilgrims die in Saudi Arabia — NAHCON Mad man stabs monarch to death in Ekiti Soldier, 21 herdsmen die in Benue gun battle Ngige eyes Anambra Central Senatorial seat, says he is under pressure to contest Boko Haram razes 40 houses in reprisal attack Police uncover plan to disrupt Sallah, Durbar celebrations in Kwara Buhari orders Security Chiefs to make Nigeria safe Court halts EFCC’s probe of Benue accounts Why we demolished Ayefele’s Music House — Oyo State Government Ebonyi suspends collection of personal income tax, illegal levies

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (379,426 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (367,624 views) Shameless Genevieve Nnaji exposes breasts in public (297,390 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (242,644 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (223,709 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (217,674 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (193,349 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (175,487 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (160,086 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (158,997 views) Lagos plane crash: Journalist releases victims’ names (153,287 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (143,515 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,468) Business Verdict (48) Columnists (912) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (529) Features (642) Global Business Monitor (295) International (2,283) Interview (162) Live Commentary (28) Love Matters (135) News (38,185) Opinion (1,064) Pidgin (11) Politics (6,115) Religion (833) Sports (1,654) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Yinka Ayefele's Music House Demolished

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement