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FG increases electricity tariff by over 300%

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FG increases electricity tariff by over 300%

Electricity power station

Published By: Isa Isawade

The Federal Government of Nigeria through the Nigerian Electricity Regulatory Commission (NERC) has approved an increase of 340% in electricity tariff for customers under the Band A classification.

According to the NERC’s Vice Chairman, Musliu Oseni, Band A customers will begin to pay N225 kilowatt per hour from the current N66.

Oseni disclosed this at a press briefing in Abuja on Wednesday.

Band A customers are those who enjoy 20 hours of electricity supply daily.

He said this class of customers represents 15 per cent of the 12 million electricity customers in Nigeria.

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He also disclosed that the commission had 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.

He said 800 feeders are categorised as Band A which the commission plans to reduce to under 500.

This, according to him, 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.”

He said the commission’s April supplementary order allows a 235 kilowatt-per-hour supply.

Oseni, however, added that the review would not affect customers on the other bands.

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