Tag Archives: 072 billion

11 electricity companies fined N10.5bn for overbilling consumers

The Nigerian Electricity Regulatory Commission, NERC, has issued a fine of  N505,286,072 billion on eleven power distribution companies in Nigeria over non-compliance with the capping of estimated bills for unmetered customers. NERC made this known in a statement on its official X handle on Friday. It read, “NERC sanctions 11 …

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