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Nigerians to pay more for electricity as Tinubu’s govt announces increase in electricity tarrif

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

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Nigerians to pay more for electricity as Tinubu’s govt announces increase in electricity tarrif

 

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.”

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