NERC slams ₦628m fine on Abuja, Yola, 6 other DisCos for non-compliance
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight DisCos for failing to comply with monthly energy caps for unmetered customers between July and September 2024.
The affected DisCos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.
The commission, in a statement on Thursday, said these DisCos have been fined over ₦628 million and must issue credit adjustments to affected customers by May 15, 2025.
The statement reads, “Under Section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the commission has sanctioned eight (8) Electricity Distribution Companies (“DisCos”) – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola, for failing to fully comply with the monthly energy caps issued by the commission between July – September 2024 (2024/Q3).
The commission said the sanction is vital to ensure regulatory compliance and consumer protection in the Nigerian Electricity Supply Industry.
READ ALSO: FG signs $328.81m deal with China to boost power supply
“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the commission.
“The non-compliant DisCos have been sanctioned to pay fines amounting to six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (₦628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review.
“The commission has also mandated the DisCos to issue commensurate credit adjustments to all customers affected by the overbilling by 15th May 2025 – the end of the April 2025 billing cycle.
“The commission reaffirms its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry,” the commission added.
Follow the Neptune Prime channel on WhatsApp:
Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com
