- NERC has announced sanctions on some electricity distribution companies in Nigeria over excess charges on customers
- The regulatory agency has effected a fine of 10% of the excess charges they levied on their customers
- NERC believes this would serve as a deterrent against further non-compliance to the capping of estimated bills for customers
Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.
The Nigeria Electricity Regulatory Commission (NERC) has imposed a penalty of N10.5 billion on the 11 electricity distribution companies (DisCos) operating in the country.
