News Formal

NERC threatens to disconnect Ajaokuta steel company over N1.2bn debt

  • 📰 thecableng
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

NERC has threatened to disconnect Ajaokuta Steel Company Limited (ASCL) from the national grid over N1.2 billion in electricity debt.

The Nigerian Electricity Regulatory Commission has threatened to disconnect Ajaokuta Steel Company Limited from the national grid over N1.2 billion in electricity debt.

“The special customer did not make any payment towards the ₦1.27 billion and ₦0.09 billion invoices received in 2024/Q1,” NERC said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate queries Ajaokuta Steel Company on N4.2bn personnel costThe Senate on Tuesday frowned at the N4.2 billion appropriated in the 2024 budget as personnel costs for an unverifiable number of workers at the Ajaokuta Steel Company Limited.
Source: DailyPostNGR - 🏆 11. / 59 Read more »