• Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
No Result
View All Result
Federal Character
No Result
View All Result
AEDC to pay 200 million fine for over-billing customers

AEDC to pay 200 million fine for over-billing customers

Benita OrumabyBenita Oruma
2 years ago
in News
Reading Time: 1 min read
A A
0
Facebook ShareWhatsapp ShareX Share

The Nigerian Electricity Regulatory Commission (NERC) has slammed the Abuja Electricity Distribution Plc (AEDC) with a fine of ₦200 million for overbilling customers not originally classified in Bband A which is a violation of the supplementary order to the 2024 Multi-Year Tariff Order which was issued on April 3rd.

This was disclosed in a press release signed by the NERC management on Friday.

It was revealed that contrary to the order aimed at ensuring fair billing practices, AEDC applied the new tariff uniformly across all customer bands.

This misapplication of directive has caused undue charges for customers in Bands B to E and also called into question the trustworthiness of the distribution companies as regards compliance to fair operational standards.

Recall that NERC had recently announced a 300 per cent increase in electricity tariff for Band A customers with 20 hours of power supply, a decision which sparked serious concerns and widespread outrage among Nigerians.

As a show of commitment to protecting consumer rights and ensuring equitable practices within the electricity sector, NERC has mandated AEDC to reimburse all affected customers in Bands B, C, D, and E by providing balance tokens reflective of the rates they should have been charged.

Also, AEDC is required to Pay the sum of ₦200 million as a fine for the gross breach of the commission’s order.

In addition, NERC’s directive requires AEDC to file an evidence of compliance with the commission’s corrective measures by April 12, 2024.

Tags: AEDC to pay 200 million fine for over-billing customersfederal characterNews
Share234SendTweet146
Benita Oruma

Benita Oruma

Benita Oruma is a lawyer in training, a 400 level student in the university of Ibadan. She is a content writer with interest in corporate affairs and the marketplace.

Related Stories

DOJ Just Did Something Unexpected on Capitol Riot Convictions

DOJ Just Did Something Unexpected on Capitol Riot Convictions

bySomto Nwanolue
0

President Trump pardoned more than a thousand people for their roles in the January 6 Capitol riots. But for a dozen members of the Proud Boys and Oath...

Yamal Condemns Racist Chants as Spain Held by Egypt in Barcelona Friendly

Yamal Condemns Racist Chants as Spain Held by Egypt in Barcelona Friendly

byHashim Kolawole
0

Yamal strongly denounced the racist and Islamophobic chants that were heard during the Spain national football team's 0-0 draw with the Egypt national football team in a friendly...

Chelsea records a staggering £262.4m loss that eclipses previous revenue growth

Chelsea records a staggering £262.4m loss that eclipses previous revenue growth

byHashim Kolawole
0

The Blues have revealed a pre-tax loss for the year to June 30, 2025, of £262.4million a record-breaking figure in the history of the Premier League. The amount...

Falana vs. INEC: Why the 2027 Election "Frenzy" is a Crime

Falana vs. INEC: Why the 2027 Election “Frenzy” is a Crime

byEriki Joan Ugunushe
0

Femi Falana, SAN, has officially sounded the alarm on the total abandonment of governance in Nigeria. In a press statement issued on Wednesday, he lamented that while the...

Next Post
The Introduction of a Gold-Backed Currency in Zimbabwe: Implications

The Introduction of a Gold-Backed Currency in Zimbabwe: Implications

Leave a Reply Cancel reply

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

We bring to you precise and factual news

Recent Posts

  • Why Some Friendships End When You Start Growing
  • House Votes to Protect 350,000 Haitians Against Trump’s Direct Orders
  • Why Trump Might Let the Iran Ceasefire Expire to Force a Total Deal

Categories

  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • About
  • Advertise With Us
  • Cookie Policy

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health

Copyright © FederalCharacter.com 2026 .