Category: FCCPC

FCCPC backs NERC’s N10.5bn fine on 11 DisCos over arbitrary billing

The Federal Competition and Consumer Protection Commission, FCCPC, has backed the Nigerian Electricity Regulatory Commission, NERC’s recent N10.5 fine on eleven electricity distribution companies over arbitrary billing of unmetered consumers. DAILY POST reports that NERC slammed N10.5 billion sanction on DisCos over non-compliance with the capping of estimated bills for unmetered customers. Reacting to the development, FCCPC, in a statement by Adamu Abdullahi, Acting Executive…