The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) to the tune of N1.69 billion for overcharging its customers from January to September 2023. According to NERC, the penalty arises from AEDC’s failure to comply with the commission’s previous directive on capping estimated billing for electricity consumers. The fine detailed [...]
Don't miss out on breaking stories and in-depth articles.