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 issued by the Nigerian Bulk Electricity Trading Plc and the Market Operator during the year.
According to the report, Ajaokuta received an energy invoice of N4.96bn from NBET in 2025 but made no payment. It also failed to pay the N500m service charge invoice issued by the Market Operator, bringing the total outstanding obligation to N5.46bn.
“Ajaokuta Steel Co. Ltd and the host community did not make any payment for the N4.96bn and N0.50bn energy invoices and service charges received from NBET and MO, respectively, in 2025,” the commission said.
NERC said the continued non-payment had become a matter of concern, prompting it to escalate the issue to relevant Federal Government ministries for intervention.
