Nigerian govt approves electricity tariff increase for customers

The Nigerian Electricity Regulatory Commission, NERC, has approved increase in electricity tariff paid by Band A customers from N68/KWh to N225KWh.

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

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Musliu Oseni, Vice Chairman, Market Competitions and Rates, Nigerian Electricity Regulatory Commission, NERC, said this at a news conference on Wednesday in Abuja.

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Mr Oseni said these customers represent 15 percent of the 12 million electricity customers across the country.

He said the commission had also downgraded some customers on Band A to Band C, due to non-fulfillment of the required hours of electricity provided by the Electricity Distribution Companies, DisCos.
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Credit Gist New Today News in Newspaper Nigeria Headlines

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