• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, August 11, 2026
  • 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

Military gets pay rise

Nigeria marches toward state police

Nigeria today, terse position

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

Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
Tinubu’s economic reforms encourage investment – UK
Energy

Nigeria today, terse position

August 2, 2026
Tinubu tells the world: Africa Does Not Wish to Replace Old Shackles With New Ones
Economy/Technology

Resilience, patriotic endurance of Nigerians keep Tinubu’s historic economic reforms alive

July 30, 2026
FG achieves economic growth in spite of global shocks – Minister
Economy/Technology

IMPI acknowledges Nigerians as ultimate hero of reforms as economy turns around

July 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

NIGERIANS AS ACTUAL EXECUTORS OF TINUBU’S REFORMS AS ECONOMY TRANSITS FROM CONSUMPTION TO PRODUCTIVITY

July 30, 2026
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

Coronavirus hits hard as China records 811 deaths

China Merchants Bank profit hits 23% in 2021

March 21, 2022
“Naira-4-Dollar” getting results

Naira appreciates at Investors, Exporters window

July 19, 2022
Dangote, others on Forbes Africa’s billionaires list, proof of prosperity in Nigeria

Dangote, others on Forbes Africa’s billionaires list, proof of prosperity in Nigeria

April 15, 2025

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

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

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

    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

  • Military gets pay rise
  • Nigeria marches toward state police
  • Nigeria today, terse position

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