News
FCCPC seals Ikeja Electric headquarters in Lagos over alleged consumer rights violation
Federal Competition and Consumer Protection Commission has sealed the Ikeja Electric headquarters in Alausa, Lagos State, for alleged violation of consumer rights.
FCCPC director of surveillance and investigation, Bola Adeyinka, in a statement on Thursday, said the company was sealed in compliance with the FCCP Act 2018. “Sealing this facility is a proportionate enforcement measure taken only after repeated engagement and several opportunities for voluntary compliance,” it said.
The FCCPC said Ikeja Electric flouted a directive by the Nigerian Electricity Regulatory Commission (NERC) to unbundle a Maximum Demand account into twenty non-Maximum Demand accounts, to recognise each of the 19 residential units and a service point owned by a complainant as separate customer units, and to provide the required metering and connection.
“Ikeja Electric did not carry out that decision,” the commission said. It said that due to the company’s failure to comply with the directive, “the complainant has been without electricity supply for more than two and a half years.”

“This was despite paying all charges requested by Ikeja Electric and meeting every obligation. The lack of electricity has prevented the complainant from putting the nineteen residential units to use.” The commission added, “The seal will remain in place until Ikeja Electric complies fully with the directives issued by both NERC and the FCCPC and provides written evidence of that compliance.”
The FCCPC said it had, on several occasions, reminded Ikeja Electric about complying with NERC’s decision. It noted that in April 2025, the FCCPC also issued a directive outlining the required steps and the compliance timelines.
“No action was taken,” FCCPC stated. “On 2nd October 2025, the commission issued a compliance notice requiring full compliance within seven business days. The company still did not comply.”
-
Oil and Gas1 day agoOil prices drop 5% to three-week low after Trump cancels attack on Iran
-
Oil and Gas1 day agoNNPC remits N6.286trn into federation account between January and June 2026, issues another tender to sell Cawthorne crude
-
News1 day agoNESG appoints Engr. Adeleye Falade, FNSE to its board
-
News1 day agoBreastfeeding can improve Nigeria’s economy—Commissioner
-
Economy1 day agoEBID, CORIS Holding sign 80m euro financing agreement to strengthen food, energy, agric value chains in West Africa
-
News4 hours agoTinubu approves salary increases for armed forces personnel
-
Economy4 hours agoNigeria woos U.S. solid minerals investors
-
Oil and Gas4 hours agoDangote refinery aims to raise $5bn with October listing, source says
