Skip to content
September 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Press Releases
  • NERC fines AEDC N200m for violating the new tariff order
  • Press Releases

NERC fines AEDC N200m for violating the new tariff order

Admin April 5, 2024
electricity

April 5, 2024

The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC)N200 million for failure to comply with the prescribed customer band classifications for the tariff billing.

This is contained in a statement issued by the NERC management in Abuja on Friday.

The commission said AEDC was fined for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for the company.

The NERC said that AEDC will pay the N200 million as a fine for the flagrant breach of the commission’s order.

According to the NERC, the decision follows 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: 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.

“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 April 11, 2024,”it said.

The commission also directed the AEDC to file evidence of compliance with the directives in a & c with the Commission by April 12.

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

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: AEDC NERC

Post navigation

Previous NSCDC uncover illegal refinery in Imo
Next Troops foil kidnap attempt in Nasarawa

Related Stories

President Tinubu begins three-week leave
  • Press Releases

President Tinubu begins three-week leave

August 30, 2026
Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 
  • Press Releases

Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 

August 10, 2026
Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity Access Bank rewards customers
  • Press Releases

Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity

July 31, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Military deactivates 21 illegal refining sites, recovers 696,800 litres of stolen crude — DHQ
  • National News

Military deactivates 21 illegal refining sites, recovers 696,800 litres of stolen crude — DHQ

August 31, 2026
EFCC ​‌‌‌⁠‍‍⁠⁠‌‍​⁠‌​⁠‍‌‌​dismisses over 40 staff for corruption, prosecutes 5 others Scammers
  • National News

EFCC ​‌‌‌⁠‍‍⁠⁠‌‍​⁠‌​⁠‍‌‌​dismisses over 40 staff for corruption, prosecutes 5 others

August 31, 2026
26 vessels expected at Lagos ports – NPA greater efficiency
  • Business & Economy

26 vessels expected at Lagos ports – NPA

August 31, 2026
Troops neutralise 114 terrorists, rescue 60 abducted persons in August — DHQ onyeuko
  • National News

Troops neutralise 114 terrorists, rescue 60 abducted persons in August — DHQ

August 31, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.