Featured
EKEDC demands NERC to reverse N48m fine
- Says time for submission of financial report extended
The Eko Electricity Distribution Company (EKEDC) has reminded the Nigerian Electricity Regulatory Commission (NERC) of its approval of deadline for submission of financial report. Thus, the EKEDC demanded NERC to reverse the N48 million fine imposed on the
company for late submission of financial reports.
Oladele Amoda, Chief Executive Officer (CEO) and Managing Director of EKEDC, was gathered to have complained that NERC may have forgotten it approved the extension of deadline for the submission of audited financial reports for 2013 and 2014.
Amoda, thereafter, disclosed that EKEDC has submitted its audited financial reports for 2013 and 2014. “We have submitted our audited financial reports for 2013 and 2014. So we are asking the commission to drop or reduce the fine to the number of days the reports were late,” he had said.
-
Trending Stories1 week agoDavido, Wizkid, Burna Boy or Asake: Who is having the biggest 2026 so far?
-
Football7 days agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Crime6 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business5 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Energy1 week agoBrent crude tops $100: What higher oil prices mean for Nigeria
-
Business6 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business6 days agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high