• About us
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, March 1, 2026
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home Other news

FCCPC Reopens Ikeja Electric Headquarters After Company Commits to Consumer Redress

newspegonline24 by newspegonline24
December 19, 2025
in Other news
Reading Time: 2 mins read
0
FCCPC Issues Landmark Regulations to Curb Abuses in Nigeria’s Digital Lending Sector
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Federal Competition and Consumer Protection Commission (FCCPC) has lifted the seal placed on the headquarters of Ikeja Electric Plc after the electricity distribution company entered into a binding undertaking to comply with regulatory directives and address outstanding consumer complaints.

The development followed the company’s commitment to submit to the FCCPC’s remedial process after being found in violation of consumer rights. The headquarters of Ikeja Electric had been sealed on December 11, 2025, after the company failed to comply with a directive of the Nigerian Electricity Regulatory Commission (NERC) to unbundle a Maximum Demand account into 20 individual accounts for a customer who had reportedly been without electricity supply for more than two and a half years.

Disclosing the development in an official signed statement, the Director of Corporate Affairs of the FCCPC, Mr Ondaje Ijagwu, explained that the unsealing was predicated on concrete and enforceable commitments made by Ikeja Electric. According to him, the company undertook to resolve all consumer complaints referred to it by the Commission within agreed timelines, adding that any breach of the undertaking would attract renewed and escalated enforcement action under the provisions of the Federal Competition and Consumer Protection Act.

Reacting to the development, the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr Tunji Bello, said the Commission’s intervention was necessary to enforce compliance with the Federal Competition and Consumer Protection Act (FCCPA) 2018 and to protect consumers from persistent service failures.

“Our responsibility is to ensure that consumers are treated fairly and that service providers comply with lawful decisions and directives. Enforcement is not an end in itself. Where compliance is achieved and credible commitments are made, the Commission will respond appropriately,” Bello said.

He further clarified that the outcome reflects the Commission’s balanced regulatory approach, combining firm enforcement with responsiveness to genuine compliance.

“We intervene decisively where consumer harm persists, and we de-escalate where enforceable compliance is secured. What remains constant is our duty to protect consumers and uphold regulatory accountability,” the FCCPC boss added.

The Commission reaffirmed its resolve to continue holding service providers accountable while ensuring that regulatory actions ultimately lead to improved service delivery and fair treatment for Nigerian consumers.

ShareTweetSend
Previous Post

NIMC launches pre-enrolment portal to ease NIN registration, cut congestion

Next Post

Putting roofs over heroes: Army deepens soldier-first welfare drive in Ibadan

newspegonline24

newspegonline24

Related Posts

Warrant Officer Abdulrahman Muhammad Jahun at 53: Celebrating a Life of Service, Leadership, and Gratitude
Other news

Warrant Officer Abdulrahman Muhammad Jahun at 53: Celebrating a Life of Service, Leadership, and Gratitude

February 25, 2026
Security Roadblocks, Polling Unit Confusion Depress Voter Turnout In FCT Area Council Election – CDD Observer
Other news

Security Roadblocks, Polling Unit Confusion Depress Voter Turnout In FCT Area Council Election – CDD Observer

February 21, 2026
Electoral Forum Highlights Urgent Concerns Over Nigeria’s Electoral Governance
Other news

Electoral Hub Raises Alarm As Historic FCT Poll Tests Democratic Credibility

February 21, 2026
Next Post
Putting roofs over heroes: Army deepens soldier-first welfare drive in Ibadan

Putting roofs over heroes: Army deepens soldier-first welfare drive in Ibadan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

Defence Minister honoured as ambassador of fair play, pledges support for sports development

Defence Minister honoured as ambassador of fair play, pledges support for sports development

February 28, 2026
Sule Momodu: No Police Division Should Have Fewer Than 20 Operational Vehicles

Sule Momodu: No Police Division Should Have Fewer Than 20 Operational Vehicles

February 28, 2026
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4
Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

3

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2
Defence Minister honoured as ambassador of fair play, pledges support for sports development

Defence Minister honoured as ambassador of fair play, pledges support for sports development

February 28, 2026
Sule Momodu: No Police Division Should Have Fewer Than 20 Operational Vehicles

Sule Momodu: No Police Division Should Have Fewer Than 20 Operational Vehicles

February 28, 2026
President Tinubu Reappoints Dr Abubakar Audi as NSCDC Commandant-General

President Tinubu Reappoints Dr Abubakar Audi as NSCDC Commandant-General

February 28, 2026
NAWOJ Recognises Minister Imaan Suleiman-Ibrahim for Advancing Women’s Political Representation

NAWOJ Recognises Minister Imaan Suleiman-Ibrahim for Advancing Women’s Political Representation

February 28, 2026
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In