Stella Dimoko Korkus.com: Nigeria's New Electricity Tariff Hike And Those It Affects

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Thursday, April 04, 2024

Nigeria's New Electricity Tariff Hike And Those It Affects

The Nigerian Electricity Regulatory Commission, NERC, has given the go-ahead to raise the electricity rates for customers in the Band A category. During a press briefing in Abuja on Wednesday, the Vice Chairman of NERC, Musliu Oseni, announced that there will be a rise in electricity tariffs. This adjustment will result in customers paying N225 per kilowatt-hour, up from the current rate of N66.


The development represents a significant shift from electricity subsidy in the Nigeria Electricity Supply Industry amid persistent epileptic power supply nationwide.

Customers Affected by Hike

NERC said that only Band A customers received at least 20 hours of power supplies from the eleven electricity distribution companies.
According to the Vice Chairman of NERC, Musiliu Oseni, only 15 per of the 12.12 million electricity customers in Nigeria are affected.
He explained that the tariff hike would not affect customers on B, C, D, and E, having less than 20 hours of power supply.

Implication of New Electricity Tariff

The hike implies that electricity consumers under Band A will pay 250 per cent more to get a power supply.
This means a complete electricity subsidy removal for customers under Band A.
Band A customers fall within 15 per cent of households in Urban areas in Nigeria.
According to NERC, Band A customers consume 40 per cent of electricity in the country.
However, the hike will not lead to an improvement in the electricity supply to the affected customers.

Date of hike commencement

According to the new tariff order, Discos commenced the implementation of the new electricity tariff on Wednesday, 3rd April 2024.
This means customers under Band A have begun paying 300 per cent more for electricity.
Meanwhile, since January 2024, customers across all bands have suffered epileptic power supply in Nigeria.
The Minister of Power, Adebayo Adelabu, blamed gas constraints for the erratic power supply in Nigeria.
from dailypost

14 comments:

  1. They did not add my location's band cos all the listed band non is for us. Is there any place in this country that can be classified as Band A ? Asking for a friend.

    ReplyDelete
    Replies
    1. If you have steady power of 20 hours or above 20 hours per day.You is in band A. Also when you fill this form that gets you prepaid meter,at the top the band you are under is indicated.

      Delete
    2. let me try to purchase power and see if it will show. Light that someone will not see is what they are classifying.

      Delete
  2. How do one know which band they fall in?

    ReplyDelete
  3. We no dey get reach 10 hours out together so we can't be in band A

    ReplyDelete
  4. Nigeria my country.
    Meanwhile, all the band A area, houses are much more expensive, as landlords boast of constant light being the reason. So they get to pay higher rent, higher electricity bill, and probably will soon start paying higher water bills, all utility subscriptions, and contributing to fix roads etc for enjoying too much light.
    It's well

    ReplyDelete
    Replies
    1. Too much light? Kai!! We are suffering in this country

      Delete
  5. Jos should fall under band A, those guys gets back to back power supply but some villages also have constant light, would there be affected too??

    ReplyDelete
  6. This country is a joke we hardly even see the knd electricity them come still dey hike the tariff . Who do us this thing bikonušŸ„¹

    ReplyDelete
  7. This Tinubu regiime dey show Nigerians shege pro -MAX. The worst president ever!!

    ReplyDelete
    Replies
    1. Worst is an understatement. The hunger is on another level

      Delete
  8. The increased tariff is so ridiculous

    ReplyDelete

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