Tuesday, 14 November 2017

$64.6 million electricity bill payment Received


The Minister of Power Works and Housing, Babatunde Fashola has revealed to the Electricity Distribution Companies DisCos, that the Federal Government has received $64.6 million electricity bill payment from Niger Republic and Benin Republic.

According to him, the Nigeria Electricity Bulk Trading Company NBET is expected to work out the modalities before onward distribution to the DisCos.

He spoke at the 21st Monthly Power Sector Ministerial and Stakeholders meeting at Asaba, Delta State hosted by the Benin Electricity Distribution Company BEDC.

The minister had earlier commissioned the 215MVA Asaba sub-station transformer, which, he said, will reduce the incidence of load shedding in the area.

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