Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026

    FX Spread Surges as Naira Depreciates Across FX Markets

    June 19, 2026

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    June 18, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NGX to Introduce Volume-Based Price Rules in Major Market Reform
    • FX Spread Surges as Naira Depreciates Across FX Markets
    • U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
    • Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
    • United Nations Urges Africa to Boost Domestic Funding
    • US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
    • Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
    • XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, June 19
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Arbitrary Electricity Billing: FCCPC Backs NERC Over Sanction of DisCos

    Arbitrary Electricity Billing: FCCPC Backs NERC Over Sanction of DisCos

    Julius AlagbeBy Julius AlagbeFebruary 12, 2024Updated:February 10, 2026 News No Comments2 Mins Read
    Arbitrary Electricity Billing: FCCPC Backs NERC Over Sanction of DisCos
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Arbitrary Electricity Billing: FCCPC Backs NERC Over Sanction of DisCos

    The Federal Competition and Consumer Protection Commission (FCCPC), has backed actions of the Nigerian Electricity Regulatory Commission (NERC) against 11 Electricity Distribution Companies (DisCos).

    The commission’s actions were taken against the DisCos for arbitrary billing of unmetered customers and non-compliance with the capping of estimated bills.

    A statement issued by Dr Adamu Abdullahi, the Acting Executive Vice Chairman of FCCPC in Abuja on Monday, urged NERC to consider stronger measures to deter future violations.

    Abdullahi said the stronger measures could include increased financial penalties, stricter enforcement mechanisms, and even the revocation of operating licences for persistent offenders.

    He said the decisive measure aligned with the mandate of the commission.

    Abdullahi said the Federal Competition and Consumer Protection Act (FCCPA) 2018 empowered the Commission to protect consumers from obnoxious practices or unscrupulous exploitation by companies, firms, trade associations or individuals, and to demand redress.

    “We stand in solidarity with NERC in its commitment to safeguard unmetered customers from arbitrary billing by DisCos.

    “The capping regulation was a significant step towards ensuring fairer treatment for those without meters, and the FCCPC fully supports its enforcement.

    “The FCCPC reiterates its unwavering commitment to ensuring a better deal for electricity consumers in Nigeria.

    “Apart from its routine resolution of electricity consumer complaints, the commission will continue to organise electricity consumer platforms across the country.

    “These platforms have provided invaluable opportunities for consumers to voice their complaints and receive instant responses and redress from DisCos and regulators, including the FCCPC,’’ he said.

    Abdullahi said the commission believed that fundamental reforms were necessary to address the systemic challenges facing the sector, including metering gaps, billing malpractices, and inadequate customer service.

    The acting executive vice chairman encouraged consumers who had been shortchanged by estimated bills to lodge complaints with their respective DisCos, and intensify such to NERC or the FCCPC, when not satisfactorily resolved.

    “We are committed to investigating all legitimate complaints and securing redress for consumers.” #Arbitrary Electricity Billing: FCCPC Backs NERC Over Sanction of DisCos#

    Treasury Bills Yield Hits 15.4% After Revised Auction

    fccpc NERC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    FX Spread Surges as Naira Depreciates Across FX Markets

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF

    United Nations Urges Africa to Boost Domestic Funding

    US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets

    Add A Comment

    Comments are closed.

    Editors Picks

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026

    FX Spread Surges as Naira Depreciates Across FX Markets

    June 19, 2026

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    June 18, 2026

    Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF

    June 18, 2026

    United Nations Urges Africa to Boost Domestic Funding

    June 18, 2026
    Latest Posts

    NGX to Introduce Volume-Based Price Rules in Major Market Reform

    June 19, 2026

    FX Spread Surges as Naira Depreciates Across FX Markets

    June 19, 2026

    U.S. Consumer Momentum Slows as Inflation Squeezes Incomes

    June 18, 2026

    Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF

    June 18, 2026

    United Nations Urges Africa to Boost Domestic Funding

    June 18, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.