Nigerian Consumers To Benefit From N180.8bn Electricity Subsidy As Discos Face N8.3bn Fines

Besides, the Nigerian Electricity Regulatory Commission (NERC) has fined the 11 Distribution Companies (Discos) roughly N8.3 billion for overbilling their customers in recent times, with an instruction for them to compensate the impacted electricity consumers.

These were made known in the September 2024 Supplementary Order of the Multi Year Tariff Order of 2024 released by the Sanusi Garba-led power sector regulator on Friday in Abuja.