BREAKING: NERC Fines Abuja Electricity Distribution Company N1.69 Billion for Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N1.69 billion on the Abuja Electricity Distribution Company (AEDC). This penalty comes after the company was found guilty of overbilling its customers.

NERC’s decision aims to protect consumers and ensure fair practices in the electricity sector. AEDC is now required to take corrective measures to avoid further penalties.

More updates to follow.