FG increases electricity tariff to N225 from N66

The Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A.

NERC’s Vice Chairman, Musliu Oseni, disclosed this during a press briefing in Abuja on Wednesday, April 3, 2024.

He said the increase will see the customers pay N225 kilowatt per hour from the current N66.

According to him, the customers under Band A are those who enjoy 20 hours of electricity supply daily.

Oseni said these customers represents 15 percent pf the 12 million electricity customers in the country.

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour,” he said.

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