- Ijagwu warned that any breach of the undertaking would expose Ikeja Electric to renewed and more severe enforcement
- He added that the resolution reflects the FCCPC’s balanced regulatory approach
- Tunji Bello, said the commission’s action was guided by its mandate to protect consumers and enforce regulatory compliance
The Federal Competition and Consumer Protection Commission (FCCPC) has reopened the headquarters of Ikeja Electric Plc after the electricity distribution company agreed to comply with regulatory directives following allegations of consumer rights violations.
Eko Hot Blog reports that the commission had earlier sealed the Ikeja Electric headquarters on December 11, 2025, over the company’s failure to obey a directive by the Nigerian Electricity Regulatory Commission (NERC) concerning the restructuring of a customer’s Maximum Demand account.
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In a statement issued on Friday, the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, said the company committed to a binding undertaking to address all consumer complaints forwarded to it by the commission within agreed timelines.
Ijagwu warned that any breach of the undertaking would expose Ikeja Electric to renewed and more severe enforcement measures under the Federal Competition and Consumer Protection Act.
Reacting to the development, the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Tunji Bello, said the commission’s action was guided by its mandate to protect consumers and enforce regulatory compliance.
Bello explained that while enforcement remains necessary where consumer harm persists, the commission is equally committed to de-escalation once credible compliance is achieved.
He added that the resolution reflects the FCCPC’s balanced regulatory approach, stressing that consumer protection and accountability will remain central to its operations.
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