Discos overbill customers by N105bn, face NERC sanction

The Nigerian Electricity Regulatory Commission, on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers. NERC disclosed this in a notice obtained in Abuja, stressing

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