Sunday, May 19, 2024

Nigerian govt confirms electricity tariff reduction for Band A customers

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The Nigerian Electrical energy Regulatory Fee has confirmed electrical energy tariff discount throughout eleven Electrical energy Distribution Corporations.

Dafe Akpeneye, Commissioner of Authorized, Licensing and Compliance at NERC, disclosed this in an unique interview with DAILY POST on Monday.

This comes towards the backdrop of the latest announcement by Ikeja Electrical that it has slashed the electrical energy tariff for band A prospects to 206.80 per Kilowatt-hour from N225 per Kwh.

The disco said that the implementation of the brand new tariff commenced on Monday, Might 6, 2024.

The determine represents an N18.2 tariff discount.

Reacting to the event, Akpeneye confirmed that the Fee had permitted the discount as introduced by Ikeja Disco.

He famous that the discount applies to all Discos throughout the nation.

“The order got here from the Fee. It is going to be printed on the NERC web site later within the day”, he stated.

As of the report’s submitting, the Abuja Electrical energy Distribution Firm, Kaduna Electrical, and Ibadan Electrical energy Distribution Firm have additionally introduced the brand new tariff discount for band A prospects.

In April, NERC had initially permitted an N225 per Kwh electrical energy tariff for purchasers below band A, getting 20-24 energy provide in Nigeria.

Nonetheless, the Commerce Union Congress and Nigeria Labour Congress issued a two-week ultimatum to the Federal Authorities to reverse its tariff hike.

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