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Aso Villa, NASS, DSS, Police, EFCC Risk Disconnection Over Debt Of N47.1Bn Owed To AEDC

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By Kayode Sanni-Arewa, Abuja

The Abuja Electricity Distribution Plc (AEDC) has said that the Clerk to the National Assembly, Ojo Olatunde Amos, the Nigeria Police Force, the Economic and Financial Crimes Commission (EFCC) and the Department of State Services (DSS), also known as State Security Services (SSS), owe a total of N3,416,204,222 in electricity bill.

The AEDC said this on Monday in a disconnection notice where it threatened to disconnect the electricity supply of the Presidential Villa in Abuja, along with Ministries, Departments and Agencies (MDAs) over a total electricity debt of N47.1 billion.

According to the electricity distribution company, the Clerk to the National Assembly owes the sum of N1,093,056,370, while the Nigeria Police Force owes the sum of N1,383,222,250.

It further stated that the anti-graft agency, Economic and Financial Crimes Commission owes N291,297,171 while Nigeria’s secret police, DSS office in Abuja owes the sum of N648,628,431.

The company said the Presidential Villa owed the sum of N923,873,150 as an outstanding debt for electricity charges.

The electricity distribution company in the document stated that it was constrained to publish the details of the debts which had lasted for long for the services rendered.

The AEDC stressed that the publication of the unpaid electricity bill became imperative because its “previous attempts to make them honour their obligations have not achieved the desired result”.

In a disconnection notice on Monday, the AEDC listed the outstanding electricity debts of government ministries, departments and agencies as of December 2023.

It gave the MDAs 10 days to comply and pay their debts or risk disconnection and subsequent blackout from February 28, 2024.

According to the electricity distribution company, the Clerk to the National Assembly owes the sum of N1,093,056,370, while the Nigeria Police Force owes the sum of N1,383,222,250.

Meanwhile, the Nigerian Electricity Regulatory Commission (NERC) said that the Nigerian government paid the sum of N2.8 trillion to subsidise electricity consumed in the country from 2015 to 2022 under former President Muhammadu Buhari’s administration.

It was been reported that President Bola Tinubu-led Nigerian government claimed it cannot continue to subsidise electricity because of huge debts already incurred.

The Minister of Power, Adebayo Adelabu, who made this known during a press conference in Abuja said that the country must begin to move towards a cost-effective tariff model, as the country owes up to N1.3 trillion to generating businesses (GenCos).

The minister further stated that just N450 billion was funded for subsidies this year, even though the ministry required more than N2 trillion in subsidies.

He added that state governments would now be able to generate power independently to supply power to their respective states.

Adelabu stated that the grid collapsed six times between December 2023 and last week due to a lack of gas, ageing machines in the grid value chain, insufficient capacity to evacuate generated power, and the destruction of power stations in some parts of the country’s North-East geopolitical zone.

According to the power minister, the Transmission Commission of Nigeria (TCN) has over 100 abandoned projects due to discrepancies in contract figures caused by FX volatility, adding that the business will not grant new contracts until all such projects are completed.

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Power Sector: FG To Establish 3 Gigawatts Of Solar Energy in 25 States – Minister

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Power Sector: FG To Establish 3 Gigawatts Of Solar Energy in 25 States – Minister
…say poor funding, insufficient gas supply responsible for power deficit
By Gloria Ikibah
Nigeria’s Minister of Power, Adebayo Adelabu, had said that the federal government is working towards the establishment of three gigawatts of solar energy sources across the 25 states in Northern and South Western parts of the country.
According to him, this is a novel approach that will go a long way to solve the power problems, even as he called on state governments to invest in power generation in their states.
The minister stated this at a two-day Power Sector Stakeholders Interactive Dialogue/Workshop organized by the House of Representatives Committee on Power with the theme “Confronting Nigeria’s Power Challenge as the Nation Migrates to a Multi-tier Electricity Market: A Legislative Intervention” on Tuesday in Abuja.
Adelabu who said that hydro energy would be deployed for the coastal cities, also lamented that the country has witnessed incessant collapse of transmission which is caused by lack of adequate infrastructure.
He admitted that most of the infrastructure in the power dates back to the 1960s, with no single backup for the national grid, and called for alternative sources in the situation where there is a collapse of the grid.
The Minister also disclosed that the major factors responsible for the power deficit currently faced by the country is as a result of inadequate financing and insufficient gas supply.
Adelabu who lamented the current state of power supply across the country, however, assured Nigerians of the determination of the President Bola Tinubu-led administration to address the challenges and make Nigeria a suitable place for business.
He said “No sector can function optimally without the power sector. Over the years, poor financing, and inadequate gas supply have been responsible for the energy deficit we have in the country. But a lot of work is going on to address these challenges.”
Earlier in his welcome address, the
Chairman, House Committee on Power, Rep. Victor Nwokolo explained that the purpose of the interactive dialogue/workshop was to provide a dynamic platform for stakeholders to evaluate the progress so far in the Nigerian Electricity Supply Industry (NESI) development.
He revealed that discussions will centre around the seamless transition to a Multi-Tier Electricity Market, as outlined in the Electricity Act of 2023.
According to him, “his transition, holds immense potential to enhance competition, efficiency, and reliability within the electricity market, ultimately benefitting consumers and driving economic growth”.
He said: “Through collaborative brainstorming and analysis, we aim to chart a clear roadmap for this transition, ensuring that it is smooth, inclusive, and conducive to sustainable development.
“Furthermore, this workshop will serve as a platform for stakeholders to explore innovative solutions to the persistent challenges plaguing the power sector. From infrastructure development and financing to regulatory frameworks and consumer engagement, we will examine a wide array of issues and propose actionable strategies for improvement.
“In addition to these objectives, we aspire for this workshop to foster enhanced collaboration and partnership among stakeholders. By bringing together legislators, representatives from government agencies, regulatory bodies, industry players, academia, and civil society, we aim to cultivate a culture of cooperation and collective action towards our shared goal of a vibrant and resilient power sector”.
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How Yahaya Bello withdrew $720,000 from Kogi account to pay child’s school fees -EFCC Chairman

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By Francesca Hangeior

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that a former governor of Kogi State, Yahaya Bello, transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.

Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

Olukoyede further stated that he personally reached out to Bello, offering him a chance to clarify the situation in a respectful setting within the EFCC office but the ex-governor reportedly declined to cooperate, citing fears of harassment from an unnamed woman.

The EFCC boss added, “I didn’t initiate the case; I inherited the case file. I called for the file, and I said there are issues here.

“On my own, I called him, which I am not supposed to do, just to honour him as an immediate past governor. ‘Sir, there are issues. I’ve seen this case file. Can you just come let us clarify these issues?’

“He said, ‘Ha! Thank you, my brother. I know, but I can’t come. There’s one lady that has surrounded EFCC with over 100 people to come and embarrass me and intimitade me.’

Bello was said to have suggested that the EFCC come to his village rather than conduct an investigation at the agency’s quarters.

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Yahaya Bello Withdrew $720,000 From Kogi Account To Pay Child’s School Fees -EFCC Chairman

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By Kayode Sanni-Arewa

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that a former governor of Kogi State, Yahaya Bello, transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.

Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

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