- The Nigerian Electricity Regulatory Commission fined Abuja Electricity Distribution Company N1.69 billion for overcharging customers
- AEDC’s non-adherence to the commission’s prior directive regarding the limitation of projected billing for power users is the reason for the fine
- This occured after the commission reminded Nigerians to update their meters before the deadline of November 2024
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
Abuja Electricity Distribution Company (AEDC) has been fined ₦1.69 billion by the Nigerian Electricity Regulatory Commission for overcharging customers.
As per NERC’s statement, the fine is due to AEDC’s disregard for the commission’s previous order restricting projected billing for power users.
The fine was specified in the official “Order NERC/2024/114” that …