The Nigerian Electricity Regulatory Commission (NERC) has given the green light for a significant surge of 340% in electricity tariff for customers classified under Band A.<\/p>\n
According to Musliu Oseni, Vice Chairman of NERC, customers in Band A will now be charged N225 per kilowatt-hour, a substantial increase from the previous rate of N66. Oseni made this announcement during a press briefing held in Abuja on Wednesday.<\/p>\n
Band A customers, who benefit from 20 hours of electricity supply daily, constitute 15% of Nigeria’s total 12 million electricity consumers.<\/p>\n
Furthermore, Oseni revealed that the commission has reclassified some customers from Band A to Band B due to their failure to meet the required hours of electricity supply stipulated by the electricity distribution companies. Currently, there are 800 feeders categorized as Band A, a number that the commission aims to reduce to under 500.<\/p>\n
Despite this adjustment, approximately 17% now qualify as Band A feeders, serving only 15% of the total electricity customers connected to the feeders.<\/p>\n
Oseni clarified that the commission’s April supplementary order permits a 235-kilowatt-per-hour supply but assured that the tariff review would not affect customers in other bands.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Nigerian Electricity Regulatory Commission (NERC) has given the green light for a significant surge of 340% in electricity tariff for customers classified under Band A. According to Musliu Oseni, Vice Chairman of NERC, customers in Band A will now be charged N225 per kilowatt-hour, a substantial increase from the previous rate of N66. Oseni […]<\/p>\n","protected":false},"author":7,"featured_media":25743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-25735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/25735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=25735"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/25735\/revisions"}],"predecessor-version":[{"id":25747,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/25735\/revisions\/25747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/25743"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=25735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=25735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=25735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}