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

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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.

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