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Electricity Tariff Increase Will Only Affect Band A Customers -NERC
Yinka Olajoyetan, Lagos
The Nigerian Electricity Regulatory Commission (NERC) has said that the increase in electricity tariff will only affect Band A customers who enjoy 20 hour power supply across the country.
The commission said that other customers in Bands B, C and D are not affected by the increase
Mr Musliu Oseni, Vice Chairman, Nigerian Electricity Regulatory Commission (NERC) said this at a press briefing in Abuja on Wednesday.
According to him, the commission has approved the increase in electricity tariff paid by Band A customers from N68/KWh to N225KWh adding that the increase will not affect customers on bands B and C.
Oseni said that the increase only affects about 15 per cent electricity consumers that have been proven to enjoy 20 hours power supply daily.
He said that other electricity customers not affected by the rate review would not be neglected as they would still continue to get service.
The Vice Chairman said that the commission had also downgraded some customers on the Band A to Band B due to the non-fulfilment of the required hours of electricity provided by the electricity distribution company.
“We currently have over 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent of the feeder now qualifies as Band A