- Nigeria’s electricity industry regulator has slammed a huge fine on a DisCo for failure to comply with tariff regulation
- According to NERC, the AEDC effected a tariff increase which was supposed to apply to customers under Band A on Band B to E customers
- NERC fined AEDC the sum of N200 million and also ordered the immediate reimbursement of customers
Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.
The Nigerian Electricity Regulatory Commission (NERC) has imposed a penalty of N200 million on Abuja Electricity Distribution Plc (AEDC) for disregarding its tariff regulations.