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BREAKING | Nigerian Government Announces Increase in Electricity Tariff | METROWATCH

Seyi Babalola by Seyi Babalola
April 3, 2024
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electricity

By Seyi Babalola

The Nigerian Electricity Regulatory Commission (NERC) has granted the go-ahead to boost energy tariffs for Band A users.

During a press event in Abuja on Wednesday, Musliu Oseni, Vice Chairman of NERC said that power costs will rise. Customers would pay N225 per kilowatt-hour, an increase from the existing cost of N66.

“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.”

Tags: ElectricityMusliu OseniNERCNigerian Electricity Regulatory Commission
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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