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BREAKING: Nigerian govt announces increase in electricity tariff

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The Nigerian Electricity Regulatory Commission, NERC, has
given the go-ahead to raise the electricity rates for customers in the Band A
category.

 

During a press briefing in Abuja on Wednesday, the Vice
Chairman of NERC, Musliu Oseni, announced that there will be a rise in
electricity tariffs. This adjustment will result in customers paying N225 per
kilowatt-hour, up from the current rate of N66.

 

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“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.” 



Source link: Nigerianeye

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