Ajaokuta Steel Faces Power Disconnection Over N5.46bn Debt

Ajaokuta Steel risks power cut over N5.46bn debt

The moribund Ajaokuta Steel Company Limited and its host community risk being disconnected from electricity supply over unpaid obligations totalling N5.46bn, the Nigerian Electricity Regulatory Commission has disclosed. The NERC, in its just-released 2025 Annual Report, said the steel company and the host community failed to make any payment towards energy invoices and service charges Read More: https://punchng.com/ajaokuta-steel-risks-power-cut-over-n5-46bn-debt/

By Punch Newspapers