▪️ Details of violation and misapplication of new tariffs that landed utility in trouble The Nigerian Electricity Regulatory Commission (NERC) has slapped Abuja Electricity Distribution Plc (AEDC) with a hefty fine of Two Hundred Million Naira (NGN200,000,000) for failing to adhere to its tariff guidelines, creating a stir among consumers and industry stakeholders alike. The fine comes in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on April 3, 2024, which AEDC has been found in violation of. In a detailed correspondence released…
Read MoreN200m Fine Or Nothing; NERC Wield Big Stick On Abuja DisCo
