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    UK backs Morocco’s autonomy plan for Western Sahara

    Full text:  PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    Full text: PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    Again, armed men invade another Abuja estate, many feared abducted

    Again, armed men invade another Abuja estate, many feared abducted

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    Abuja braces for two-week without water as rehabilitation works commence

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    Ground rent: FCTA to take ownership of 4,794 revoked properties from Monday

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    Apo-Wassa road ready for inauguration on Tinubu’s second anniversary-Wike

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    UN cuts humanitarian aid as funding crisis deepens

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    Suspected killer of Minnesota lawmaker arrested after two-day manhunt

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    How Trump opposed Israel’s plan to eliminate Iran’s supreme leader Khamenel-Report

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    Dangote refinery rollout 4000 trucks for direct distribution of PMS, diesel nationwide

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    Nigeria investigated 213 privacy breaches in 2024-NDPC

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    FG begins construction of emerging technologies Institute in Kano

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    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

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    Iran launch over 100 drones towards Israel as conflict escalates

    Iran launch over 100 drones towards Israel as conflict escalates

    Six nuclear scientists killed in Israel attack on Iran — Reports

    Six nuclear scientists killed in Israel attack on Iran — Reports

    UK backs Morocco’s autonomy plan for Western Sahara

    UK backs Morocco’s autonomy plan for Western Sahara

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    New ceasefire deal: Hamas to release 10 Israeli hostages, 18 dead others

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

    STOP, Trump tells Putin after Russia’s deadly Kyiv strike

    STOP, Trump tells Putin after Russia’s deadly Kyiv strike

  • Security
    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Police extend deadline for tinted glass permit to August 12

    Police extend deadline for tinted glass permit to August 12

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Northern governors, traditional rulers back state police

    Northern governors, traditional rulers back state police

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Senate sets up ad hoc committee for national security summit

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    Benue gets new commissioner

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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Six nuclear scientists killed in Israel attack on Iran — Reports

    Six nuclear scientists killed in Israel attack on Iran — Reports

    UK backs Morocco’s autonomy plan for Western Sahara

    UK backs Morocco’s autonomy plan for Western Sahara

    Full text:  PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    Full text: PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    Again, armed men invade another Abuja estate, many feared abducted

    Again, armed men invade another Abuja estate, many feared abducted

  • Metro News
    Abuja braces for two-week without water as rehabilitation works commence

    Abuja braces for two-week without water as rehabilitation works commence

    Ground rent: FCTA to take ownership of 4,794 revoked properties from Monday

    Ground rent: FCTA to take ownership of 4,794 revoked properties from Monday

    Apo-Wassa road ready for inauguration on Tinubu’s second anniversary-Wike

    Apo-Wassa road ready for inauguration on Tinubu’s second anniversary-Wike

    Wike approves recruitment of 34 resident doctors for FCT hospitals

    Wike constitute teams to screen Abuja land tittles

    FG revokes allocation to defaulting national housing programme beneficiaries

    Only two of 445 mass housing developers met FCTA conditions – Official

    Police foil robery operation in Abuja estate

    Police foil robery operation in Abuja estate

  • Latest News
    • All
    • Crime watch
    UN cuts humanitarian aid as funding crisis deepens

    UN cuts humanitarian aid as funding crisis deepens

    Suspected killer of Minnesota lawmaker arrested after two-day manhunt

    Suspected killer of Minnesota lawmaker arrested after two-day manhunt

    Full text:  PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    Benue crisis: Tinubu directs security chiefs to implement earlier directive

    How Trump opposed Israel’s plan to eliminate Iran’s supreme leader Khamenel-Report

    How Trump opposed Israel’s plan to eliminate Iran’s supreme leader Khamenel-Report

    Dangote refinery rollout 4000 trucks for direct distribution of PMS, diesel nationwide

    Dangote refinery rollout 4000 trucks for direct distribution of PMS, diesel nationwide

    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Trending Tags

  • Infotech
    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

    MTN denies orchestrating poor network to influence FG, labour talk, apologizes for network fluctuations

    MTN shuns Labour-FG committee on tariff review, hike data tariff by 200%

    Disconnections not to frustrate ₦EndBadGovernance Protest-Telcos

    FG receives recommendation on telecoms tarrif hike

    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

  • World conflict & diplomacy
    Iran launch over 100 drones towards Israel as conflict escalates

    Iran launch over 100 drones towards Israel as conflict escalates

    Six nuclear scientists killed in Israel attack on Iran — Reports

    Six nuclear scientists killed in Israel attack on Iran — Reports

    UK backs Morocco’s autonomy plan for Western Sahara

    UK backs Morocco’s autonomy plan for Western Sahara

    New ceasefire deal: Hamas to release 10 Israeli hostages, 18 dead others

    New ceasefire deal: Hamas to release 10 Israeli hostages, 18 dead others

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

    STOP, Trump tells Putin after Russia’s deadly Kyiv strike

    STOP, Trump tells Putin after Russia’s deadly Kyiv strike

  • Security
    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Police extend deadline for tinted glass permit to August 12

    Police extend deadline for tinted glass permit to August 12

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Northern governors, traditional rulers back state police

    Northern governors, traditional rulers back state police

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Senate sets up ad hoc committee for national security summit

    Benue gets new commissioner

    Benue gets new commissioner

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Home Finance & economy

NERC fines AEDC N200 million for ‘mistakenly’ increasing tariff of all customers to Band A grade

Daily Intel Newspaper by Daily Intel Newspaper
April 5, 2024
NERC fines AEDC N200 million for ‘mistakenly’ increasing tariff of all customers to Band A grade
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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.

A statement by the NERC management in Abuja on Friday said AEDC was fined for non-compliance with the supplementary order to the April Multi-Year Tariff Order 2024 for the company.

The NERC said 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, revealing that AEDC had applied the new tariff to all customer bands, contrary to the order 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,” the commission said.

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

The NERC management said its action underscores its commitment to protecting consumer rights and ensuring equitable practices within Nigeria’s electricity sector.

Meanwhile, on Thursday, AEDC apologised for the wrong charges faced by some Band A customers who tried to recharge their meters following the new tariff regime.

(NAN)

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