AFRICA

Nigeria’s Army Chief Lagbaja Meets Power Minister Adelabu Over N42bn Debt

Minister of Power, Adebayo Adelabu has assured the Nigerian Army of his readiness to dialogue with distribution companies to relieve the Nigerian Army of its electricity debt burden of forty two billion naira.

The Minister spoke when the Chief of Army Staff Lieutenant General Taoreed Abiodun  Lagbaja visited, appealing for intervention over the debt burden. The Army Chief had described blackouts in army barracks and cantonment as security threats. 

The Minister says though the debt will not be written off, but the debt payment will be restructured if there was assurance of  regular payment by the Nigerian Army.

Adelabu further revealed that debt owed by distribution and generating companies is not the only challenge facing the sector but vandalization of power infrastructure which often leads to National grid collapse, is a huge challenge.

Georgina Ndukwe-Ezeanyika

Follow us on:

AriseNews

Recent Posts

Elon Musk’s X Appoints Legal Representative in Brazil To Comply With Court Orders and Fight Ban

Elon Musk’s social media platform, X, has named Rachel de Oliveira Conceicao as its legal…

3 hours ago

Labour Party’s Olumide Akpata Defeated By PDP’s Asue Ighodalo At His Polling Unit

In a surprising turn during the Edo state governorship election, Olumide Akpata, the Labour Party…

3 hours ago

Ondo Will Become Nigeria’s Entrepreneurship, Innovation Hub, Says Governor Aiyedatiwa

The Governor of Ondo state, Mr. Lucky  Aiyedatiwa, has vowed to transform the state into…

3 hours ago

Edo Guber: INEC Extends Voting Time In Some Edo State Polling Units Due to Late Start

The Independent National Electoral Commission (INEC) has announced an extension of voting time in areas…

3 hours ago

Usher Acknowledges Role Models Quincy Jones, Bobby Brown at 2024 BMAC Gala After Recieving Humanitarian Award

Usher paid tribute to the male role models in his life at the 2024 Black…

3 hours ago

EFCC Arrests Suspects For Alleged Vote Buying In Edo Governorship Election

The EFCC has arrested three suspects for alleged vote buying during the ongoing Edo governorship…

8 hours ago