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Bauchi Govt, Army, Others Owe PHCN N1.5bn, Says Business Manager

| May 11, 2012 More

The Power Holding Company of Nigeria (PHCN) says Bauchi State Government, army formations in the state and other customers are owing the company over N1.5 billion.
The Business Manager of the company in the state, Mr Umar Abdullahi, disclosed this in an interview with the News Agency of Nigeria (NAN) in Bauchi on Thursday.
He said that the debt was accumulated by the debtors over a period of time.
Abdullahi said that the outstanding debt was enough to provide additional power equipment that would guarantee stable power supply to the state.
“There is truly an outstanding debt on our customers and it is in the sum of consolidated amount of N1.584,996,419.49 billion to be precise that is indebted to public, military and state government and we are looking forward to see them reduce this debt.
“With this sum of money we can go to places, installing more transformers, extending more lines, replacing the bad ones.’’
Abdullahi decried the failure of the state government, military establishments and the general public in the state to settle their bills, adding that ”this has been the trend since the setting up of the business unit when the state was created”.
He called on the affected customers to reduce or settle their debt in order to sustain the cordial business relationship existing between the PHCN staff and consumers of electricity in the state. (NAN)

Category: Bauchi State News

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