Nigerian Electricity Regulatory Commission Increases Tariff

Awajis Josiah-Chijindu

The Nigerian Electricity Regulatory Commission, NERC; has approved an increase in electricity tariff for customers under the Band A classification.

Vice Chairman, NERC, Mr. Musliu Oseni, said the increase will see the customers paying two hundred and twenty five naira kilowatt per hour from the current sixty six naira.

Speaking to Newsmen in Abuja, Mr. Oseni said customers in Band A represent fifteen per cent of the twelve million electricity customers in the country.

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

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