The Abuja Electricity Distribution Company (AEDC) has been fined N1.69 billion by the Nigerian Electricity Regulatory Commission (NERC) for overcharging customers from January to September 2023. NERC claims that AEDC’s noncompliance with the commission’s prior order to cap anticipated billing for electricity users is what led to the penalty. The fine, which is described in […]
Last modified: September 13, 2024