• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, December 11, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

AEDC in N200m fine for violating new tariff order

AEDC

The Matters Press by The Matters Press
April 5, 2024
Reading Time: 1 min read
0
Kogi customers owe AEDC N22bn

April 5, 2024:The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) N200 million for failure to comply with the prescribed customer band classifications for the tariff billing.

RELATED POSTS

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

This is contained in a statement issued by the NERC management in Abuja on Friday.

The commission said AEDC was fined for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for the company.

The NERC said that AEDC will pay the N200 million as a fine for the flagrant breach of the commission’s order.

According to the NERC, the decision follows a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the order, which was designed to ensure fair billing practices.

”AEDC is therefore mandated to: reimburse all customers in Bands B, C, D and E respectively that were billed above the allowed customer categories/tariff bands provided in the order.

”Reimburse through the provision of the balance of customer tokens that the affected customers would be entitled to receive at the applicable rates.

” And all token reimbursements shall be issued to the affected customers by April 11, 2024,”it said.

The commission also directed the AEDC to file
evidence of compliance with the directives in a & c with the Commission by April 12.

‘The management did the action by the commission underscores its commitment to protecting consumer rights and ensuring equitable practices within Nigeria’s electricity sector.

Tags: AEDC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions
Energy

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

December 5, 2025
Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”
Foreign

Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”

December 5, 2025
ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region
Foreign

ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region

December 4, 2025
Senate Confirms Musa as Defence Minister
Energy

Senate Confirms Musa as Defence Minister

December 3, 2025
Next Post
IMF’s reasons for Nigeria’s economic recovery

IMF records Georgieva as sole candidate for next MD

Afreximbank unveils 2023 financial performance

Afreximbank unveils 2023 financial performance

Recommended Stories

Buhari re-opens land borders amidst accolades

NCC, Customs partner to boost border policing, anti-copyright piracy

November 25, 2023
Jaiz Bank expands with new branches

53 firms access Nigeria’s content development fund

December 17, 2021
Old pension scheme beneficiaries get a boost in entitlements

PTAD, NHIA collaborate to provide health insurance to pensioners

September 26, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG
  • Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV
  • ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

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
Call Us