The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies the sum of N628.03million for non-compliance with the capping of estimated billing for unmetered customers. The commission conveyed the sanction in a release on Thursday. It explained that the action was sequel to a review of billing practices between July and September 2024, which revealed that the affected DisCos failed to adhere to monthly energy caps issued by NERC. The fines represent five per cent of the gross overbilling during…
Read MoreNERC Slams N628.03m Fine On Eight DisCos + FULL LIST
