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    Senegal pushes for stiffer punishment for same-sex offenders

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

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    How Tinubu’s administration paid billions of naira for the release of Niger State kidnapped schoolchildren

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    Wike nullifies 485 R of O applications over fake allocation papers

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    Nigeria reopens Benin Republic, Niger boarder with Kebbi

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    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

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    Tinubu approves the appointment of Prof Oyelami as acting Chief Executive of NMC

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    Senegal pushes for stiffer punishment for same-sex offenders

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    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

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    Senate approves restoration of Aniocha North II State Constituency, Delta

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    Former UK prime minister Blair, Witkoff, Rubio on the list of Trump’s Gaza ‘Board of Peace ‘

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    US designates muslim brotherhood in Lebanon, Jordan and Egypt as terrorist groups

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    Ukraine War: Trump backs new sanctions on Russia

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    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    ‎Tinubu seeks National Assembly’s approval to extend 2025 budget to 2026

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    Nigeria reopens Benin Republic, Niger boarder with Kebbi

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    Christian genocide: US troops arrives Nigeria

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

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  • Welcome
  • Special reports
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    • Unedited for the record
    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Fastrack state police legislation, Tinubu urge Senate

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    JUST IN: Tinubu directs Civil Defence to take over the protection of VIPs, orders withdrawal of police personnel 

    How Tinubu’s administration paid billions of naira for the release of Niger State kidnapped schoolchildren

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

  • Metro News
    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    Resident doctors suspends strike, issues fresh four weeks ultimatum

    JUST IN: FCT resident doctors suspends strike

  • Latest News
    • All
    • Crime watch
    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Fastrack state police legislation, Tinubu urge Senate

    Tinubu approves the appointment of Prof Oyelami as acting Chief Executive of NMC

    Tinubu approves the appointment of Prof Oyelami as acting Chief Executive of NMC

    Pope Leo to visit four African countries

    Pope Leo to visit four African countries

    Lagos farmers backs World Bank $500 million loan

    Lagos farmers backs World Bank $500 million loan

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Trending Tags

  • Infotech
    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    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

  • World conflict & diplomacy
    Former UK prime minister Blair, Witkoff, Rubio on the list of  Trump’s Gaza ‘Board of Peace ‘

    Former UK prime minister Blair, Witkoff, Rubio on the list of Trump’s Gaza ‘Board of Peace ‘

    US designates muslim brotherhood in Lebanon, Jordan and Egypt as terrorist groups

    US designates muslim brotherhood in Lebanon, Jordan and Egypt as terrorist groups

    Ukraine War: Trump backs new sanctions on Russia

    Ukraine War: Trump backs new sanctions on Russia

    US resumes surveillance of Sambisa forest after Sokoto airstrikes

    US resumes surveillance of Sambisa forest after Sokoto airstrikes

    UN says militia killed over 1,000 civilians in Sudan’s civil war

    UN says militia killed over 1,000 civilians in Sudan’s civil war

    Trump issues fresh warning to Nigerian govt, insists extremists committing genocide against Christians

    Trump orders complete closure of Venezuelan airspace

  • Africa
    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    ‎Tinubu seeks National Assembly’s approval to extend 2025 budget to 2026

    Tinubu demands immediate release of South Sudan’s vice-president

    Violence, famine, disease fuelling rising death toll among children in Sudan-UN

    Violence, famine, disease fuelling rising death toll among children in Sudan-UN

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Christian genocide: US troops arrives Nigeria

    Christian genocide: US troops arrives Nigeria

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

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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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