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Nairametrics
Home Business News

FCCPC unseals Ikeja Electric headquarters after compliance undertaking

Israel Ojoko by Israel Ojoko
December 20, 2025
in Business News
Federal Competition and Consumer Protection Commission (FCCPC) Logo
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The Federal Competition and Consumer Protection Commission (FCCPC) says it has unsealed the Ikeja Electric Plc’s headquarters after the company signed a binding undertaking to comply with remedial measures addressing consumer rights violations.

This was contained in a statement by the commission’s Director of Corporate Affairs, Ondaje Ijagwu.

The headquarters had been sealed on December 11, 2025, after Ikeja Electric failed to comply with a directive from the Nigerian Electricity Regulatory Commission (NERC) to unbundle a Maximum Demand account into 20 individual accounts for a customer who had been without power for over two and a half years.

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What FCCP is saying 

FCCPC confirmed that the electricity distribution company pledged to resolve all consumer complaints referred to it within agreed timelines.

The Commission warned that “any breach of the undertaking would expose it to renewed and escalated enforcement action under the Federal Competition and Consumer Protection Act.” 

Reacting to the development, FCCPC’s Executive Vice Chairman and Chief Executive Officer, Mr. Tunji Bello, said the Commission’s intervention was necessary to enforce the provisions of the Federal Competition and Consumer Protection Act (FCCPA) of 2018.

“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 stated. 

He emphasized that the Commission’s actions were guided by the need to protect consumers and ensure accountability within regulated industries.

Balanced approach to regulation 

Clarifying further, Bello said the outcome reflects FCCPC’s balanced approach to regulation.

“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 explained. 

The Commission reiterated its commitment to ensuring that electricity consumers and other service users across Nigeria are treated fairly, while warning that future breaches of compliance undertakings would attract stronger enforcement measures.

What you should know  

Last week, FCCPC’s Director of Surveillance and Investigation, Bola Adeyinka, said the move to seal the facility was in line with the Federal Competition and Consumer Protection Act (FCCPA) 2018.

  • She said sealing the facility is a proportionate enforcement measure taken only after repeated engagement and several opportunities for voluntary compliance.
  • Last year, in November, the FCCPC as part of its regulatory oversight in the power sector, had threatened to penalize IKEDC and Eko Electricity Distribution Company (EKEDP) if they flout its directive to immediately halt the replacement of Unistar prepaid meters.
Israel Ojoko

Israel Ojoko

Israel Ojoko is a dynamic journalist renowned for his in-depth coverage and insightful analysis on a diverse range of topics. With a keen eye for detail and a passion for storytelling, Israel has penned impactful articles on the economy, political developments, fintech, and cybersecurity, among many others. His dedication to uncovering the multifaceted narratives has established him as a trusted voice and influential figure in contemporary journalism.

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