Posted by News Express | 4 October 2017 | 1,286 times
The Federal Executive Council has approved the payment of N25.99 billion to electricity distribution companies in the country as part of the power sector recovery programme, a report this evening from Abuja said.
“The amount is part of the N67.41 billion the discos said they were being owed by the government – ministries, departments, and agencies,” said a Channels TV report.
“After verification, the Federal Government said it, however, discovered that part of the amount was owed by states, local governments, and corporate entities,” the report added.
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