NERC Orders Power Firms to Refund N20bn in Meter Payments

Nigeria’s electricity regulator has ordered power distribution companies to refund more than 20 billion naira ($) to customers who paid for electricity meters under a government-backed scheme. The Nigerian Electricity Regulatory Commission (NERC) said electricity distribution companies, known as DisCos, must reimburse a total of 20.33 billion naira within 12 months starting from 1 March […]