JUST IN: Again, FG increases electricity tariff by over 300%

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The Nigerian Electricity Regulatory Commission (NERC) on Wednesday approved N225/kilowatt for Band A customers. Band A customers are those that enjoy a minimum of 20-hour per day electricity supply.

The commission noted that the band constitutes 15% of the customers in the electricity market.

NERC Vice Chairman, Musilu Oseni, made these known in a press briefing in Abuja.

According to him, the hike is three times of the previous rate paid by customers in the band.

He said customers in the other bands i9n the Nigerian Electricity Supply Industry (NESI) are not affected by the increase.

…. developing story

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