{"id":230471,"date":"2026-04-16T02:46:38","date_gmt":"2026-04-16T00:46:38","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-nerc-flays-weak-foreign-remittances-seeks-fgs-intervention-over-ajaokuta-steel-debt\/"},"modified":"2026-04-16T02:46:38","modified_gmt":"2026-04-16T00:46:38","slug":"nigeria-nerc-flays-weak-foreign-remittances-seeks-fgs-intervention-over-ajaokuta-steel-debt","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-nerc-flays-weak-foreign-remittances-seeks-fgs-intervention-over-ajaokuta-steel-debt\/","title":{"rendered":"Nigeria: Nerc Flays Weak Foreign Remittances, Seeks FG&#8217;s Intervention Over Ajaokuta Steel Debt"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"41\">The Nigerian Electricity Regulatory Commission (NERC) has raised concern over weak remittance performance by international bilateral customers in Nigeria&#8217;s power market, while also calling for federal government intervention over the longstanding non-payment by Ajaokuta Steel Company Limited and its host community.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"35\">In its latest quarterly reports, NERC classified Ajaokuta Steel and the host community as a special customer and disclosed that they failed to make any payment towards invoices issued&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202604150549.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Electricity Regulatory Commission (NERC) has raised concern over weak remittance performance by international bilateral customers in Nigeria&#8217;s power market, while also calling for federal government intervention over the longstanding non-payment by Ajaokuta Steel Company Limited and its host community. In its latest quarterly reports, NERC classified Ajaokuta Steel and the host community as [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":230472,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,46758,6861,21049,18907,5169,8895,50010,257,4687,393,29657,8111,254,16560,13849],"class_list":["post-230471","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-africa-news","tag-ajaokuta","tag-debt","tag-fgs","tag-flays","tag-foreign","tag-intervention","tag-nerc","tag-news","tag-nigeria","tag-nigeria-news","tag-remittances","tag-seeks","tag-south-africa-today","tag-steel","tag-weak"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/230471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=230471"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/230471\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/230472"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=230471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=230471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=230471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}