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FG Increases Electricity Tariff

The Federal Government has announced an increase in electricity tariff.

Musliu Oseni, Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), in a press briefing in Abuja on Wednesday that this increase will only affect Band A customers.

According to Oseni, Band A which include those who enjoy electricity supply for 20 hours per day will now pay ₦225 kilowatts per hour, up from the current ₦66.

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

He added that the commission had also downgraded some customers on Band A to Band B due to non-fulfilment of the required hours of electricity provided by the electricity distribution company.


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