Abuja — Abuja Electricity Distribution Company (AEDC) has paid total penalties of N8 billion to the Market Operator (MO) for imbalance electricity take from the national grid from November 2013 when the government handed over electricity assets to private investors.
AEDC in a statement from its head of public relations, Ahmed Shekarau disclosed that it has paid this much within 18 months as fine imposed on it by the MO for taking extra power from the grid to meet the demands of its customers in its franchise distribution zones. Customers of the electricity utility cut across the States of Kogi, Nasarawa, parts of Niger and the federal capital territory, Abuja.
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