July 25, 2024
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Nigerian Govt Hikes Electricity Tariff

Nigerian Government has on Wednesday announced a hike in the electricity tariff for Band A customers.

Musliu Oseni, Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), at a press briefing in Abuja said customers will pay ₦225 kilowatts per hour, up from the current ₦66.

Energy Afrique had earlier reported that there had been a possibility of electricity tariff hike after the surge in gas price.

Band A are those who enjoy electricity supply for 20 hours per day.

Oseni said these customers represent 15 per cent of the 12 million electricity customers in the country.

He added that the commission had also downgraded some customers on Band A to Band B due to non-fulfilment of the required hours of electricity provided by the electricity distribution company.

Surge in Electricity Tariff Looms as Nigerian Govt Hikes Gas Price

“We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band-A feeders. These feeders only service 15 per cent 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.”

He noted that the review will not affect customers on the other Bands.


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