POLITICS
NERC Approves Increase in Electricity Tariff

The Nigerian Electricity Regulatory Commission ,NERC, has approved an increase in Electricity Tariff for Customers under the Band-A classification.
Customers will now pay N225 for kilowatt per hour from the current N66.
At a News Conference on the development, the Vice Chairman of the Commission, Dr Musuliu Oseni said, the hike became necessary, having received and reviewed applications for the increment by the Distribution Companies (DISCOs).
Dr Oseni pointed out that, the Commission had also downgraded some Customers on Band-A to Band-B due to non-fulfilment of the required hours of Electricity provided by DISCOs.
He attributed the increase in Electricity Tariff to current Inflation and high rate of Foreign Exchange explaining that, DISCOs had been mandated to set-up Rapid Response Team for effective service for Customers affected in the new Tariff.
The Vice Chairman of NERC also emphasised that, efforts were on to fast track roll out of Meters especially to Customers affected by the new Tariff.
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
-
NEWS5 days ago
FG Cuts Dialysis Cost In Federal Hospitals From ₦50,000 To ₦12,000
-
NEWS3 days ago
Ebonyi Man Plans Lagos-Abakaliki Trek to Honour Gov. Nwifuru’s Peace Efforts
-
NEWS5 days ago
Ebonyi Coordinator Distributes Motorcycles, Lauds Governor’s Grassroots Development Agenda
-
POLITICS6 days ago
Peter Obi Tells Nigerians: Get Your PVC, Reject Criminals in Disguise
-
ENTERTAINMENT6 days ago
Jim Iyke Says Single Mothers Cannot Raise Boys Into “Proper Men”
-
FACT-CHECKS/INVESTIGATION7 days ago
EFCC Recovers N5bn, $10m in Refinery Maintenance Fraud
-
NEWS5 days ago
Lagos State Declares August 20 Work-Free for Public Servants for Isese Day
-
SPORTS5 days ago
Tinubu Arrives in Japan to Boost Bilateral Ties
-
NEWS5 days ago
FCT Minister Denies Awarding N5 Billion Contract to Local Contractors
-
INSIDE NYSC7 days ago
NYSC Lagos Holds Cultural Carnival to Celebrate Unity in Diversity
-
NEWS4 days ago
Wike Says Amaechi’s 2027 Presidential Ambition Is Dead on Arrival
-
ENTERTAINMENT5 days ago
VeryDarkMan Leads Protest In Auchi, Blocks Dangote Trucks Over Victims’ Compensation