FG Shocks Nigerians With Massive Electricity Tariff Hike To N225

By Adoga Stephen - Editor-In-Chief April 3, 2024

1 Min Read

The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariffs for customers in Band A.

NERC’s Vice Chairman, Musliu Oseni, announced this during a press briefing in Abuja on Wednesday, April 3, 2024.

The new tariff will require customers to pay N225 per kilowatt-hour, up from the current rate of N66.

Customers in Band A receive 20 hours of electricity supply daily and make up 15 percent of the 12 million electricity customers in the country.

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour,” he said.

NERC reviewed the DisCos’ applications and decided that only 17% of the entire feeders and less than 15% customers may be affected by any tariff increase. Further to that, NERC has issued an order titled, “April 2024 Supplementary Order” effective 3rd April 2024. pic.twitter.com/ptVb5lu8nN
— NERC Nigeria (@NERCNG) April 3, 2024

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By Adoga Stephen

Editor-In-Chief

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Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.