Connect with us

NERC Imposes ₦200 Million Fine on AEDC for Tariff Violations, Orders Customer Refunds

Piroll

Published

on

Follow
NAIJA NEWS: NERC Imposes ₦200 Million Fine on AEDC for Tariff Violations, Orders Customer Refunds [New Naija News] » Naijacrawl
Photo: Naijacrawl

The Nigerian Electricity Regulatory Commission (NERC) has taken decisive action against the Abuja Electricity Distribution Plc (AEDC) for its failure to adhere to the Supplementary Order accompanying the April 2024 Multi-Year Tariff Order 2024.




In response to customer complaints and a thorough review, NERC discovered that AEDC had improperly implemented the new tariff structure across all customer bands, contrary to the specified guidelines aimed at ensuring fair billing practices.


Consequently, AEDC has been penalized with a hefty fine of ₦200,000,000 (Two Hundred Million Naira) for its non-compliance. Additionally, NERC has directed AEDC to:


1. Reimburse all customers falling within Bands B, C, D, and E who were billed above the allowable tariff bands outlined in the Order.

2. Provide affected customers with the balance of customer tokens they are entitled to receive at the appropriate rates, with all reimbursements to be completed by 11 April 2024.

3. Pay the prescribed fine of ₦200,000,000.00 (Two Hundred Million Naira) for the blatant violation of the Commission's Order.

4. Submit evidence of compliance with the directives outlined in points (a) and (c) to the Commission by 12 April 2024.


This decisive action by NERC underscores its unwavering commitment to safeguarding consumer rights and promoting equitable practices within Nigeria's electricity sector. It serves as a reminder to all stakeholders of the importance of strict adherence to regulatory directives for the benefit of consumers and the overall integrity of the electricity market.

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

Mass Looting: Adamawa Government Imposes 24 Hour Curfew

Piroll

Published

on

NAIJA NEWS: Mass Looting: Adamawa Government Imposes 24 Hour Curfew [New Naija News] » Naijacrawl
Photo: Naijacrawl
Sequel to the statewide looting being carried out in the state, the Governor of Adamawa State, the Rt Hon Ahmadu Umaru Fintiri has declared a 24-hour curfew on the state, effective immediately Sunday 30th July, 2023.Governor Fintiri said the curfew followed the dangerous dimension the activities of hoodlums had assumed across the state capital as they attack people with matchet and break into business premises and homes carting away property.With the curfew imposed,...
Continue Reading

Naija News

Umueri PG alerts CBN of fake N200 notes in circulation, warns Okada riders

Victorious

Published

on

NAIJA NEWS: Umueri PG alerts CBN of fake N200 notes in circulation, warns Okada riders [New Naija News] » Naijacrawl
Photo: Naijacrawl
The President-General of the Umueri community in Anambra State, Ambassador John Chukwudi Metchie, has alerted the Central Bank of Nigeria (CBN) and security agencies of the circulation of fake N200 notes in the area, especially in Otuocha Market.Chief Metchie, who is the Prime Minister of the Anambra State Association of Town Unions (ASATU), also warned commercial motorcycle operators who collude with criminals to perpetrate crime in the area to desist from such act...
Continue Reading

Naija News

Gov Soludo Imposes New Type of Tax on Anambra People

Piroll

Published

on

NAIJA NEWS: Gov Soludo Imposes New Type of Tax on Anambra People [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Governor of Anambra state, Prof Chukwuma Soludo yesterday imposed another type of tax on the people of Anambra as it is now mandate a sum of N100,000 as taxation for display of ceremonial banners like burial and weddings across the State.The governor also imposed N5,000 as taxation for pasting of posters in any part of the State, adding that whoever fails to remove the advertorials within the stipulated time for their removals would be taxed continuously until...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.