*⚡ NERC Slams AEDC Over Overbilling, Approves ₦1.69bn Deduction* The Nigerian Electricity Regulatory Commission (NERC) has approved a ₦1.69 billion deduction from AEDC’s annual budget for overbilling customers between May–Sept 2023, violating the capping order. NERC warns AEDC must match tariffs with service levels. A new Transmission Infrastructure Fund has also been approved to bridge transmission gaps.