FCCPC Unseals Ikeja Electric Headquarters After Compliance Undertaking

December 20, 2025
FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

The Federal Competition and Consumer Protection Commission (FCCPC) has unsealed the headquarters of Ikeja Electric Plc following a binding undertaking by the electricity distribution company to address outstanding consumer complaints and comply with regulatory directives, Prime Business Africa reports.

The Commission had sealed the Ikeja Electric headquarters on December 11, 2025, over the company’s failure 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 reportedly had no electricity supply for over two and a half years.

In a statement issued on Friday, December 19, 2025, the FCCPC said the unsealing followed Ikeja Electric’s commitment to a remedial process aimed at resolving consumer rights violations. Under the undertaking, the company agreed to resolve all consumer complaints referred to it by the Commission within agreed timelines.

Join our WhatsApp Channel

READ ALSO : FCCPC Shuts Down Ikeja Electric Headquarters Over Prolonged Consumer Rights Violations

Exploitative Air Fares: FCCPC Expands Investigation into Airline Ticket Pricing

The FCCPC warned that any breach of the undertaking would attract renewed and escalated enforcement actions in line with the provisions of the Federal Competition and Consumer Protection Act (FCCPA), 2018.

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 consumer protection laws and ensure compliance with lawful regulatory decisions.

“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 added that the outcome reflects the Commission’s balanced regulatory approach, stressing that while the FCCPC would intervene decisively where consumer harm persists, it would also de-escalate enforcement once enforceable compliance is secured.

“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,” he stated.

The Commission reaffirmed its commitment to protecting consumer rights and holding service providers accountable across regulated sectors.

 

+ posts

Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

Amanze Chinonye

Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

Previous Story

Police Dismiss NBA’s Claims on Tinted Glass Permit, Insist Policy Is Backed by Law

Next Story

Tinubu Warns Governors Over Local Government Autonomy, Backs State Police

Featured Stories

Latest from News

BSN Nigeria Graduates 82 MBA Holders, Takes Nigerian Alumni to 1,156

Written by Amanze Chinonye Business School Netherlands (BSN) Nigeria has graduated 82 Nigerian professionals with Action Learning Master of Business Administration (MBA) degrees, bringing the number of Nigerian graduates from the programme to about 1,156, Prime Business Africa reports.  Join our WhatsApp Channel

Air Peace Adds Free Airport Transfers for Premium London Passengers

Written by Amanze Chinonye Nigeria’s Air Peace has expanded its premium service on London routes by introducing complimentary airport pick-up and drop-off transfers for eligible First Class and Business Class passengers, as the airline seeks to strengthen its offering on the Nigeria-United Kingdom
Previous Story

Police Dismiss NBA’s Claims on Tinted Glass Permit, Insist Policy Is Backed by Law

Next Story

Tinubu Warns Governors Over Local Government Autonomy, Backs State Police

Don't Miss

Abductors Release Father Of LG Boss In Bayelsa — Police

Abductors Release Father Of LG Boss In Bayelsa — Police

THE Police Command in Bayelsa has confirmed the release of
How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Transcorp, Access Top Trades, As Nigerian Stock Exchange Crashes

Nigerian stock market dipped by -0.08 percent on Thursday, dragging