Tinubu orders payment of Villa’s N342m electricity debt – Newstrends
Connect with us

metro

Tinubu orders payment of Villa’s N342m electricity debt

Published

on

Aso Rock Villa

Tinubu orders payment of Villa’s N342m electricity debt

President Bola Tinubu has ordered the immediate payment of N342 million as an outstanding electricity bill due to the Abuja Electricity Distribution Company, AEDC.

Tinubu’s directive follows the reconciliation of accounts between the State House Management and AEDC.

The AEDC announced on Monday that it will disconnect electricity in the Presidential Villa and 86 Federal Government Ministries, Departments, and Agencies by December 2023 due to outstanding indebtedness of N47.20 billion.

The publication claimed that the State House owes N923 million in bills, which the Presidency rejected on Tuesday.

In a statement issued by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, the presidency stated, “Contrary to the AEDC’s initial claim of N923 million in debt in paid advertisements in newspapers, the State House outstanding bill is N342.35 million, according to a letter by the management of the AEDC to the State House Permanent Secretary dated February 14, 2024.”

The statement, titled ‘President Tinubu directs payment of State House electricity bill’, partly reads, “Having reconciled the position to the satisfaction of both parties, the Chief of Staff to the President, Femi Gbajabiamila, has given assurance that the debt will be paid to AEDC before the end of this week.

READ ALSO:

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

Contrary to the AEDC’s first assertion of N923 million in debt in sponsored advertisements in newspapers, the State House’s outstanding bill is N342, 352, 217.46.

The AEDC cited several MDAs, including the Chief of Defence Staff—Barracks and Military Formations, which owes N12 billion, as well as the FCT Ministry, Ministry of Finance, Ministry of State Petroleum, Ministry of Health, Ministry of Information, Ministry of Education, and the Ministry of Agriculture.

Others are the Federal Inland Revenue Service, Ministry of Education, CBN governor, Ministry of Foreign Affairs, Ministry of Budget and Planning, Ministry of Culture and Tourism, Ministry of Interior, Head ECOWAS, and Ministry of Transport, among others.

While issuing a notice of disconnection to the implicated MDAs, the company warned that it had “given the 86 Government MDAs a 10-day notice to pay the N47.1 billion electricity debt they owe or risk disconnection.”

“The Abuja Electricity Distribution PLC is constrained to do this publication with the details of government, ministries, departments, and agencies with long outstanding unpaid bills for services rendered to them through the provision of electricity supply in that our previous attempts to make them honour their obligations have not achieved the desired results,” it added.

Tinubu orders payment of Villa’s N342m electricity debt

metro

EFCC arrests ex-NCMB boss over $35m energy project fraud

Published

on

EFCC arrests ex-NCMB boss over $35m energy project fraud

The Economic and Financial Crimes Commission (EFCC) told FIJ that they have arrested Timber Wabote, the former executive secretary of the Nigerian Content Development and Monitoring Board (NCMB), on the grounds of a failed $35 million Bayelsa refinery project fraud.

Dele Oyewale, the EFCC’s spokesperson, confirmed this to FIJ on Thursday.

“It is true,” Oyewale responded to FIJ’s inquiries.

Wabote is accused of misappropriating public funds for a refinery project that should have improved local energy production.

Vanguard reported that the NCDMB under Wabote paid $35 million to support the development of energy infrastructure in the Brass Local Government Area of Bayelsa, yet there was nothing to show for it.

The EFCC picked Wabote up following the arrest of Akintoye Adeoye Akindele, the Managing Director of Atlantic International Refinery and Petrochemical Limited, for alleged misappropriation, money laundering and diversion of $35 million in public funds.

READ ALSO:

“NCDMB under the watch of Wabote allegedly paid the $35 million to Akindele to build a 2,000 barrel per day (BPD), refinery, jetty, gas plant, power plant, data centre and tank farm at Brass free trade zone (FTZ), Okpoama Community in Brass LGA of Bayelsa State,” a source with the EFCC had explained.

Since December 2020 when the payments were made, Akindele abandoned the project with little or nothing to show for the huge sum he received.

Preliminary investigations showed that Wabote’s NCDMB financed 17 different projects, including the 2,000 BPD refinery in Brass LGA.

There has been a series of public fund misappropriation cases in the energy sector in recent times.

FIJ earlier reported that members of the House of Representatives summoned three ministers to defend how over $2 billion was spent on renewable energy with not much to show for it.

A recent FIJ report also recently detailed how residents of Yenagoa, the capital of Bayelsa, have not had power in their homes since July due to the vandalisation of the Ahoada-Yenagoa transmission towers caused by unidentified persons.

The Bayelsa state government told FIJ it was the federal government’s responsibility to provide electricity for residents. The state has no renewable energy options reliable enough to power its capital despite the multi-million-dollar NCMB energy project.

Transparency in the energy sector has become necessary at a time when Nigerians have suffered power instability due to frequent grid collapses.

EFCC arrests ex-NCMB boss over $35m energy project fraud

Continue Reading

metro

Court adjourns Yahaya Bello’s trial till Nov 27

Published

on

Yahaya Bello

Court adjourns Yahaya Bello’s trial till Nov 27

The Economic and Financial Crimes Commission (EFCC) has requested an adjournment in the new case against the immediate past Governor of Kogi State, Yahaya Bello, stating that the 30-day window for the previously issued summons is still active.

The commission has granted administrative bail to his co-defendants, Umar Oricha and Abdulsalami Hudu, and asked the court for an extension of time for Bello to appear.

At the resumed hearing before Justice Maryann Anenih of the Federal Capital Territory High Court, Abuja, EFCC Counsel Jamiu Agoro noted that the court’s order from October 3rd had not yet expired.

“In that wise, we feel it will not be appropriate for us to take proceedings while that 30 days is still running. So we have discussed and agreed to come back on the 27th day of November, 2024, my lord,” he told the court.

READ ALSO:

He also mentioned that the previously set date of November 20th was not convenient for the prosecution counsels.

Counsel to the second defendant, Aliyu Saiki, SAN, confirmed that his client had been granted administrative bail by the prosecution and had no objection to the adjournment request. The third defendant’s counsel, ZE Abass, concurred.

The prosecution counsel also requested the court to allow the notice of hearing to be pasted on the last known address of the first defendant.

After hearing from all counsels, the judge granted the EFCC’s application for adjournment and the issuance of the hearing notice.

“I have considered the application for adjournment by the complainant and issuance of hearing notice and the submission by the second and third defendants. The application is granted,” she said.

Justice Anenih then adjourned the case to November 27th for arraignment.

The former governor, alongside Umar Oricha and Abdulsalami Hudu, are being prosecuted as 1st to 3rd defendants, respectively, in a fresh 16-count charge instituted against them by the EFCC.

Court adjourns Yahaya Bello’s trial till Nov 27

Continue Reading

metro

We are understaffed, ICPC boss laments

Published

on

Chairman of the ICPC, Musa Adamu Aliyu, SAN

We are understaffed, ICPC boss laments

Musa Adamu Aliyu, the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has stated that the Commission is understaffed and under-resourced. Aliyu says this is limiting the commission’s efficiency.

According to a statement on the ICPC website published on Wednesday, Aliyu made this known on Monday while presenting the Commission’s performance scorecard to the Senate Committee on Anti-Corruption and Financial Crimes.

“Currently, we have 21 state offices, but they are severely understaffed and under-resourced, which affects our efficiency nationwide,” he said.

Aliyu mentioned that the ICPC suffered from inadequate funding, which hampers the pursuit of investigations, legal proceedings and public education efforts.

Cases involving politicians, where external influences can challenge the impartiality and integrity of investigations, are also some of the challenges bedevilling the ICPC.

READ ALSO:

Aliyu cited slow court processes as one of the factors preventing the swift resolution of corruption cases and undermining public trust in anti-corruption efforts.

“Our work requires diverse expertise, from forensic analysis to psychology, yet rising living costs make it increasingly difficult to maintain high morale among staff. Reviewing salaries and welfare benefits is essential for sustainable productivity,” Aliyu said.

“Additionally, ICPC personnel face security risks, especially during high-stakes investigations, making it critical to provide them with adequate security measures similar to those granted to other agencies.

“We urge you to consider the Commission’s requests for adequate funding to strengthen operational resources. Such support will enable us to pursue a more effective, inclusive, and resilient fight against corruption in Nigeria.”

 

We are understaffed, ICPC boss laments

Continue Reading

Trending