President Bola Tinubu has directed immediate settlement of outstanding electricity bill due to the Abuja Electricity Distribution Company (AEDC). 

According to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, the President’s directive followed the reconciliation of accounts between the State House Management and AEDC. 

The AEDC on Monday, in an advertorial, published in a number of national dailies, mentioned the Presidential Villa one of the debtors on its list of 86 defaulters, claiming a whooping N923,873 million.

The Statement, however, faulted the almost N1 billion claim by AEDC, saying the Villa’s outstanding bill stands at N342, 352, 217.46.

“Contrary to the AEDC’s initial claim of N923million 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. 

“Following the example of the Presidency, Chief of Staff also urged other MDAs to reconcile their accounts with AEDC and pay their electricity bills,” the statement reads. 

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