April 11, 2025

NERC Fines 8 DisCos ₦628M Over Estimated Bills

NERC Fines 8 DisCos ₦628M Over Estimated Bills

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight Distribution Companies (DisCos) for failing to comply with monthly energy caps for unmetered customers between July and September 2024. 

In a statement released Thursday, the Commission fined the affected DisCos – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola – six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review.

NERC mandated the Discos to issue credit adjustments to affected customers by May 15, 2025.