HomeBreaking NewsNERC approves electricity tariff increase for customers on band A

NERC approves electricity tariff increase for customers on band A

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

The News Agency of Nigeria (NAN) reports that 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.

Also read: OPC urges Tinubu to stop Discos’ plans to increase electricity tariffs

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).

NAN

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