FG To Pay N78.7bn Electricity Debts Owed DISCos

The Federal Government has promised to pay the N78.7 billion electricity debts owed distribution companies by Ministries, Departments and Agencies (MDAs) of government before the end of the year.

For years, MDAs have been the highest debtors to power companies. But the Minister of Power, Works and Housing, Mr Babatunde Fashola has announced that the military, usually a perennial debtor to electricity companies, was already making plans to pay its debts.

Speaking on Thursday in Abuja, at a town hall forum organised by the Kukah Centre, to create dialogue between policy makers and Nigerians for greater citizens’ participation in governance, Fashola also said mass housing across the country would only be possible through the standardisation of mass housing projects.

He disclosed that government was developing a ‘National Housing Policy’ that would address all issues across states.