The Nigerian Electricity Regulatory Commission says Ajaokuta Steel Company Limited might be disconnected 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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NERC threatens to disconnect Ajaokuta steel company over N1.2bn debtNERC has threatened to disconnect Ajaokuta Steel Company Limited (ASCL) from the national grid over N1.2 billion in electricity debt.
Source: thecableng - 🏆 2. / 80 Read more »
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 »
NERC transfers regulatory oversight of Oyo electricity market to state governmentNERC has issued an order transferring regulatory oversight of the electricity market in Oyo to the state’s electricity regulatory commission.
Source: thecableng - 🏆 2. / 80 Read more »
NERC transfers Oyo electricity market to OSERCNERC has transferred the electricity market in Oyo State to the Oyo State Electricity Regulatory Commission (OSERC).
Source: GuardianNigeria - 🏆 1. / 94 Read more »