FG INCREASES ELECTRICITY TARIFFS BY 300%
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FG INCREASES ELECTRICITY TARIFFS BY 300%
The Nigeria Electricity Regulatory Commission has approved increase in Electricity tariff from ₦66 to ₦225 per kilowatt hour for customers under Band A category.
This new rate, which is 3 times more than the existing rate takes effect from today.
Under the SBT, consumers are classified in Bands A to E as follows:
Band A: Minimum of 20 Hours
Band B: Minimum of 16 Hours
Band C: Minimum of 12 Hours
Band D: Minimum of 8 Hours
Band E: Minimum of 4 Hours of Electricity
More details later…!
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