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Sunday, May 19, 2024

FG reduces electricity tariff for ‘Band A’ Customers 

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Nigerian Government on Monday, reduced the electricity tariff for Band A customers.

The Nigerian Electricity Regulatory Commission (NERC), had charged customers with a daily supply of a minimum of 20 hours to pay N225/Kwh.

However, the Federal Government on Monday, reduced the payment for Band A customers to N206.80/Kwh.

Ikeja Electric, in a notice to its customers on Monday, said, “Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective May 6, 2024, with guaranteed availability of 20–24 hours of supply daily.”

The tariffs for Bands B, C, D, and E remain unchanged.”

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