Amid Nigerian Midstream and Downstream Petroleum Regulatory Authority increase in price of natural gas used to generate more than seventy per cent of electricity in Nigeria, the Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff for customers under the Band A classification.
The Vice Chairman, NERC, Musliu Oseni, said the increase will see the customers paying two hundred and twenty five naira kilowatt per hour from the current sixty six naira.
It is noted that customers under Band A are consumers who enjoy twenty hours of electricity supply daily.
Speaking at a press conference in Abuja on Wednesday, Oseni said customers in Band A represent a fifteen per cent of the twelve million electricity customers in the country.
He said, “We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders.
“The commission has issued an order which is titled ‘April Supplementary Order’ and the commission allows a 225 kilowatt per hour.”
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