By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: FCCPC Reopens Ikeja Electric Headquarters
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

FCCPC Reopens Ikeja Electric Headquarters

Ogungbayi Feyisola Faesol
By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
Published: 2025/12/20
2 Min Read
Share
SHARE

The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has unsealed the headquarters of Ikeja Electric Plc. The action follows the company’s commitment to address consumer rights violations.

Okay News reports that FCCPC Director of Corporate Affairs Ondaje Ijagwu confirmed the development. Ikeja Electric signed a binding undertaking to implement remedial measures.

The headquarters in Ikeja, Lagos, Nigeria’s commercial hub, was sealed on December 11, 2025. Closure stemmed from non-compliance with a directive from the Nigerian Electricity Regulatory Commission (NERC).

The order required unbundling a Maximum Demand account into 20 individual accounts. The affected customer endured over two and a half years without power supply.

- Advertisement -

Ikeja Electric pledged to resolve all referred consumer complaints within set timelines. FCCPC warned of escalated enforcement for any breach under the Federal Competition and Consumer Protection Act (FCCPA) 2018.

Executive Vice Chairman and Chief Executive Officer Tunji Bello described the intervention as essential for fair treatment. He emphasised enforcement aims to secure compliance, not punishment.

“Our responsibility is to ensure that consumers are treated fairly and that service providers comply with lawful decisions and directives,” Bello stated.

“Enforcement is not an end in itself. Where compliance is achieved and credible commitments are made, the Commission will respond appropriately,” he added.

Bello highlighted FCCPC’s balanced regulatory approach. It intervenes firmly against persistent harm but de-escalates upon verifiable commitments.

“We intervene decisively where consumer harm persists, and we de-escalate where enforceable compliance is secured,” he explained.

The commission reiterated dedication to protecting electricity consumers nationwide. Future violations will trigger stronger measures.

This resolution demonstrates regulatory oversight in Nigeria’s power sector. It balances accountability with cooperation to improve service delivery.

The outcome reinforces consumer rights while encouraging voluntary adherence among distribution companies.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Consumer ProtectionFCCPCIkeja Electric
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article BREAKING: United States Halts Green Card And Citizenship Processing For Nigerians And Multiple Other Nations
Next Article Central Bank of Nigeria (CBN) CBN Introduces Multi-Factor Authentication For High-Value Foreign Card Transactions

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

Bashir Ahmad Rejects Christian Persecution Narrative After Plateau Governor’s Meeting With US Rep

By
Adamu Abubakar Isa
1 Min Read
News

Tinubu, Shettima Host World Bank Delegation at State House, Abuja

By
Adamu Abubakar Isa
2 Min Read
News

South Sudan President Sacks Senior Aides for Naming Dead Man on Election Panel

By
Adamu Abubakar Isa
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up