Saturday, July 20, 2024
Google search engine
HomeNewsFG Approves Electricity Tariff Hike for Band A Customers

FG Approves Electricity Tariff Hike for Band A Customers

#Zulum238Projects #Term2 Focus: Education (54 Projects) Zulum's 5th year in office, consolidating on sterling 4 years of the first tenure. “1,195 Projects and Counting.” Series on 238 projects in the first year of the second tenure of Governor Zulum.

The Nigerian Electricity Regulatory Commission (NERC) has greenlit an increase in electricity tariffs specifically for customers in the Band A category.

At a press briefing in Abuja, Vice Chairman Musliu Oseni announced the tariff adjustment, raising rates from N66 to N225 per kilowatt-hour for Band A customers.

Google search engine

This move comes alongside a reduction in Band A feeders from 800 to under 500, impacting approximately 17% of feeders and 15% of total electricity customers connected to these feeders.

See also  Food Insecurity: Former Ambassador Tasks FG To Avert Famine In Nigeria

The commission’s April supplementary order allows for a 235 kilowatt-per-hour consumption rate.

Stay tuned for more updates on how this tariff adjustment will affect consumers and the electricity sector as a whole.

About The Author

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular