Skip to content
July 17, 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

Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative prevention guild
  • Press Releases

Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative

July 15, 2026
Peter Obi to Keyamo: Your story is full of lies and false claims
  • Press Releases

Peter Obi to Keyamo: Your story is full of lies and false claims

July 12, 2026
Peter Obi to Deliver Keynote Address at African Union Diaspora Conference in New York
  • Press Releases

Peter Obi to Deliver Keynote Address at African Union Diaspora Conference in New York

July 9, 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

Court dismisses Bayelsa traditional ruler’s suit against SPDC FG vs ASUU
  • National News

Court dismisses Bayelsa traditional ruler’s suit against SPDC

July 17, 2026
LUTH awards research grants to 3 resident doctors treatment
  • National News

LUTH awards research grants to 3 resident doctors

July 17, 2026
Beyond 230 Million: FG Urges Local Pharma Manufacturers to Target West African Market via AMA Pact
  • National News

Beyond 230 Million: FG Urges Local Pharma Manufacturers to Target West African Market via AMA Pact

July 17, 2026
Supreme Court restores final forfeiture of Emefiele’s luxury properties to FG Federal High Court
  • Crime and Justice

Supreme Court restores final forfeiture of Emefiele’s luxury properties to FG

July 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.