HomeNewsHuman InterestBREAKING: NERC hikes electricity tariff for 'Band A' customers to N225/kWh

BREAKING: NERC hikes electricity tariff for ‘Band A’ customers to N225/kWh

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Wed _3 _April _2024AH 3-4-2024AD

The Nigerian Electricity Regulatory Commission, NERC, has increased the electricity tariff paid by ‘Band A’ customers from N68/KWh to N225/kWh.

Band A customers are those that receive an average daily electricity supply of 20 hours or more. With the new order issued by NERC, Band A customers would no longer enjoy Federal Government subsidy on Electricity.

NERC said in Abuja that Band A customers make up just 15 percent of total electricity customers in the country.

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