x

NERC Fines AEDC ₦200 Million for Violation of the New Tariff Order

By Samuel Itsede

The Nigerian Electricity Regulatory Commission (“Commission”) has taken enforcement action against the Abuja Electricity Distribution Plc (“AEDC”) for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for AEDC (the “Order”).

This is contained in a release made available to journalist to in Abuja by the NERC

According to the press release the AEDC has been fined ₦200,000,000 (Two Hundred Million Naira) for failure to comply with the prescribed customer band classifications for the tariff billing.

NERC noted that the decision followed a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the Order, which was designed to ensure fair billing practices.

AEDC is therefore mandated to:

a. Reimburse all customers in Bands B, C, D and E respectively that were billed above the allowed customer categories/tariff bands provided in the Order.

b. Reimburse through the provision of the balance of customer tokens that the affected customers would be entitled to receive at the applicable rates and all token reimbursements shall be issued to the affected customers by 11 April 2024.

c. Pay the sum of ₦200,000,000.00 (Two Hundred Million Naira) as a fine for the flagrant breach of the Commission’s Order.

d. File evidence of compliance with the directives in a & c with the Commission by 12 April 2024.

The action by the Commission underscores its commitment to protecting consumer rights and ensuring equitable practices within Nigeria’s electricity sector.

Hot this week

Benue Divine Mandate Donates ₦500,000 to Kaduna Church, Launches 2027 Campaign

By Achadu Gabriel, Kaduna A political support group for Benue...

Group writes Tinubu, others, wants even distribution of pipeline surveillance to cub oil theft

By Our Correspondent The federal government has been called upon...

Kaduna: Bandits Kill Eight, Injure 20, Kidnap Several in Kachia LGA

By Achadu Gabriel, Kaduna Suspected bandits have reportedly killed eight...

Don’t Push Nigerians to the Wall: CACOL Warns Against Proposed 5% Petrol Tax

By Jabiru Hassan The Centre for Anti-Corruption and Open Leadership...

NCPC To Commence 2025 Easter Pilgrimage Exercise To Israel, Jordan

By Joyce Remi-Babayeju The Nigerian Christian Pilgrim Commission, NCPC, is...

Breaking: FG Set to Integrate Organ Transplant Services Into NHIA

… To End Unethical Local Organ Transplantation Practices By Joyce...

Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion

By Amgbare Ekaunkumo, Yenagoa Two historic communities in Bayelsa State,...

Sokoto-Badagry Superhighway to Boost Trade, Regional Integration

By Muhammad Ibrahim, Sokoto The Sokoto-Badagry Superhighway project, a major...

The 22 Sins of El-Rufai in Kaduna, Nigerians Won’t Forget Soon – Civic Group

By Our Correspondent A Kaduna-based civic group, the Kaduna Leadership...

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes

By Noah Ocheni, Lokoja Kogi State Governor, Alhaji Ahmed Usman...

FG Goes Digital To Ensure Drug Availability In Hospitals

By Joyce Remi-Babayeju The federal government has gone digital to...

FCTA Drags 15 Persons to Court Over Illegal Construction at River Park Estate

By Joyce Remi-Babayeju As a sequel to the demolition of...

Troops kill wanted bandit Babangida in Kogi gun duel

By Noah Ocheni, Lokoja Troops of the 12 Brigade, Nigerian...

Related Articles

Popular Categories

spot_imgspot_img