The Disco disclosed this in a statement released on its official X account on Friday.
Kaduna Electric gave a breakdown of the unpaid electricity bills, it said that the government owes N1.166 billion from January 2024 to July 31.
They explained that despite the government paying N256.9 billion arrears in May 2024, the state has remained its highest debtor.
The firm announced the disconnection after extensive efforts to resolve the issue through consultations and reconciliations.
“The outstanding balance for electricity consumed from January 2024 to July 2024 alone amounts to a staggering One Billion, One Hundred and Sixty-Six Million, Eight Hundred and Fifty-Six Thousand, Nine Hundred and Ninety-One Naira, Eighty-Seven Kobo (N1,166,856,991.87).
“This figure, including the historical debt has left the State Government with a huge debt that currently stands at a total of Two Billion Nine Hundred Forty-Three Million Sixty Thousand One Hundred and Sixteen Naira Seventy-Seven Kobo (N2,943,060,116.77).
“Despite a recent payment of N256,920,963.88 made on May 9, 2024, for electricity consumed between September 2023 and December 2023, the Kaduna State Government’s debt remains significantly high”.
The development comes after the disconnection ultimatum the disco issued Kaduna State government on July 21, 2024.
Recall that in early July 2024, the Nigerian Electricity Regulatory Commission approved a 60 percent equity stake in Kaduna Electricity Company Pic, Kaduna Electric, by ASI Engineering Limited amid its N115 billion debt crisis.
No comments:
Post a Comment