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BREAKING: NERC slams N628m fine on eight DisCos for breaching billing regulations

The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N628 million on eight Electricity Distribution Companies (DisCos) for failing to adhere to the monthly energy limits for unmetered customers during the period from July to September 2024.

The DisCos involved in this sanction include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola. In a statement issued on Thursday, NERC confirmed that the affected companies are required to provide credit adjustments to the impacted customers by May 15, 2025.

According to the statement, “Under Section 34(1)(d) of the Electricity Act 2023 (EA 2023), the commission has taken action against eight DisCos – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola – for not fully complying with the energy caps set by the commission between July and September 2024.”

NERC highlighted that the fine is part of its commitment to ensuring compliance with regulations and safeguarding consumers’ interests in Nigeria’s electricity sector.

Details later.

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