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

المملكة العربية السعودية أخبار أخبار

NERC threatens to disconnect Ajaokuta steel company over N1.2bn debt
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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

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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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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Senate queries Ajaokuta Steel Company on N4.2bn personnel costSenate 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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