News

BREAKING!!! Nigerian Govt Announces Increase In Electricity Tariff

BREAKING!!! Nigerian Govt Announces Increase In Electricity Tariff

The Nigerian Electricity Regulatory Commission, NERC, has announced the decision to  increase the electricity tariffs for customers in the Band A category.

Speaking during a press briefing in Abuja on Wednesday, the Vice Chairman of NERC, Musliu Oseni, announced that there will be a significant increase in electricity rates.

This adjustment will result in customers paying N225 per kilowatt-hour, up from the current rate of N66.

The statement reads:

“We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 percent now qualify as Band-A feeders. These feeders only service 15 percent of total electricity customers connected to the feeders.

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Back to top button