JUST IN: NERC Fines AEDC ₦200m for Violating New Tariff Order
The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Plc (AEDC) ₦200m for violating a new tariff order. In a statement on Friday, NERC stated, “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.” The decision comes…