Ajaokuta Steel risks power cut over N5.46bn debt

The Punch | 31-08-2026 06:19am |

Ajaokuta Steel Company and its host community are at risk of electricity disconnection due to an unpaid debt of N5.46 billion. The Nigerian Electricity Regulatory Commission (NERC) has revealed the outstanding amount. This development could disrupt operations at the steel plant and affect the local community.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.