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.
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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.
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