By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

NERC Slams N628m Fine on 8 DisCos for Breaching Billing Rules

Last updated: April 10, 2025 3:52 pm
7 months ago Yemi Adebayo
Share
1 Min Read
AIT IMAGES 4 4
Nigerian Electricity Regulatory Commission, NERC

The Nigerian Electricity Regulatory Commission (NERC) has imposed sanctions on eight electricity distribution companies (DisCos) for failing to comply with monthly energy caps for unmetered customers between July and September 2024.

According to a statement issued on Thursday by the Commission, The affected DisCos are Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.

These DisCos have been fined a total of N628,031,583.94, equivalent to 5% of the naira value of the gross overbilling for the period under review.

The commission also directed the DisCos to issue credit adjustments to all affected customers by May 15, 2025.

MUST READ:NERC Hands Over Regulatory Oversight To 10 States

Our Correspondent reports that In 2020, NERC introduced the Order on Capping of Estimated Bills to align estimated bills for unmetered customers with measured consumption of metered customers on the same supply feeder.

However, The Commission says the review of DisCos’ billing practices revealed widespread non-compliance with the monthly energy caps.

The sanctions are expected to provide relief to affected customers who have been overbilled.

(Editor : Ena Agbanoma)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Africa Pushes Scale: African Energy Chamber G20 Forum to Spotlight Large-Scale Energy and Infrastructure Integration November 7, 2025
  • Nigeria’s Olu Verheijen Joins G20 Africa Energy Investment Forum Amid Strategic Reforms November 7, 2025
  • The Gambia’s Ministry of Petroleum and Energy to Present National Energy Agenda at MSGBC Oil, Gas & Power 2025 November 7, 2025
  • Kosmos Energy Joins MSGBC Energy Conference as Sponsor Amid Regional Liquefied Natural Gas (LNG) Drive November 7, 2025
  • Western Union Introduces “Beyond” Strategy and Provides Medium-Term Financial Outlook at Investor Day November 7, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?