Ajaokuta Steel Risks Power Cut Over N5.46bn Debt

Ajaokuta Steel Risks Power Cut Over N5.46bn Debt

Ajaokuta Steel Faces Disconnection Threat

N5.46bn Debt Risks Power Cut

Ajaokuta Steel Company and its community face power disconnection over an N5.46bn debt, NERC reveals. The 2025 Annual Report confirms zero payment for energy invoices and service charges from NBET and the Market Operator, prompting a serious warning from the Nigerian Electricity Regulatory Commission.

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