Connect with us

Hi, what are you looking for?

Africa

Nigeria increases electricity tariff by 200%

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

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

Mr Musliu Oseni, Vice Chairman, Nigerian Electricity Regulatory Commission (NERC) said this at a news conference on Wednesday in Abuja.

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.

Oseni said that this was due to non-fulfillment of the required hours of electricity provided by the Electricity Distribution Companies (DisCos)

You May Also Like

Africa

Mali is among the countries currently suffering extreme heat with some areas hit by a temperature of 48,5°C, has recorded more than 100 deaths,...

Africa

Shell Petroleum Development Company (SPDC), energy giant, has decided to sell its Nigerian onshore oil and gas assets to Renaissance Oil, an indigenous company...

Africa

The leader of the coalition group of all ‘jihadist’ groups taking shelter in their hideouts along the Saharan countries ‘Jama’at Nusratil islam Wal Muslimeen’...

Africa

Photo: Nigeria’s first private and Africa’s largest petroleum refinery begins production and expected to save Nigeria from dependence on imports. Photo from Dangote Group...