The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) and other electricity distribution companies for overbilling customers. NERC published the fine in its September 2024 supplementary order on Friday. According to the electricity regulator, out of all the distribution companies (DisCos), AEDC has the highest fine of N1.69 billion. The order, signed by Musiliu Oseni, NERC vice-chairman, and Dafe Akpeneye, commissioner for legal, licensing, and compliance, follows a comprehensive investigation into AEDC’s billing practices. According to the order, NERC discovered that AEDC and other distribution…
Read More‘For Overbilling Customers,’ NERC Fines AEDC N1.67Bn, Ikeja Electric N1.41Bn
