POLITICS
NERC Approves Increase in Electricity Tariff
Published
2 years agoon

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.
Related
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
We serve you the recent Political, Entertainment, Sports, news in Nigeria today from latest celebrity news, Opinion, photos, scandals & many more. We are dressed with compelling News and Opinion articles that grow unique visitors and we ensure returning visitors become loyal readers.

You may like
-
Ebonyi Governor Urges Social Media Restrictions, Pushes Youth into Agriculture
-
Pakistan Floods Leave 321 Dead as Rescue Teams Struggle to Reach Remote Areas
-
Air Canada Flight Attendants Strike, Airline Shuts Down Operations
-
Ebonyi Governor Flags Off Vocational Training for 100 Youths
-
Police Crack Down on Humanness Trafficking, Kidnapping in Enugu and Taraba
-
SMEs Urged to Build Resilience as Growth Alone No Longer Guarantees Survival
-
Explosion Damages Nigerian Army Storage Facility in Ogun
-
PDP Inaugurates 44-Member Zoning Committee Ahead of November Convention
-
Russia, Ukraine Exchange 84 Prisoners Each Ahead of Putin-Trump Summit
-
US Approves Possible $346m Arms Sale to Nigeria
-
EFCC to Arraign 23 Suspected Internet Fraudsters Arrested at Hotel in OOPL
-
IGP Partners Fintech Sector to Boost Nigeria’s Cybersecurity

NYSC Lagos Orientation Course Kicks Off, Officials Urged to Foster Unity and Collaboration

Nwede Congratulates APC Leader Okenwa on Becoming a Barrister

Police arrest six over alleged abduction of business partner in Lagos

Nigerian troops arrest suspects, seize illegal petroleum products in Niger-Delta

Philanthropist Donates to Orphanage, Elderly Home on Birthday

An Orator and a Colossus: Tributes to Two Great Ngbo Men Who Inspire Me

Firms Team Up to Train C-Sagas Foundation Youth in Tech

Edo Police Recover ₦300,000 Extorted From Furniture Maker, Detain Officers

AmusanTakes Silver as Kambundji Makes History in 100m Hurdles

Alumnus Commissions Modern Bus Stops at AE-FUNAI

End SARS Critic Yunusa Ahmadu Yusuf Dies in Abuja Hotel at 47

Iheanacho’s Last-Gasp Penalty Fires Celtic Back to Top of Scottish Premiership

NiMet Forecasts Three Days of Thunderstorms, Moderate Rains Across Nigeria

FCT Resident Doctors Declare Indefinite Strike

Rivers Prepares for Fubara’s Return as Ibas Defends Six-Month Tenure

NYSC Lagos Orientation Course Kicks Off, Officials Urged to Foster Unity and Collaboration

Nwede Congratulates APC Leader Okenwa on Becoming a Barrister

Police arrest six over alleged abduction of business partner in Lagos

Nigerian troops arrest suspects, seize illegal petroleum products in Niger-Delta

Philanthropist Donates to Orphanage, Elderly Home on Birthday

An Orator and a Colossus: Tributes to Two Great Ngbo Men Who Inspire Me

Firms Team Up to Train C-Sagas Foundation Youth in Tech

Edo Police Recover ₦300,000 Extorted From Furniture Maker, Detain Officers

AmusanTakes Silver as Kambundji Makes History in 100m Hurdles

Alumnus Commissions Modern Bus Stops at AE-FUNAI

End SARS Critic Yunusa Ahmadu Yusuf Dies in Abuja Hotel at 47

Iheanacho’s Last-Gasp Penalty Fires Celtic Back to Top of Scottish Premiership

NiMet Forecasts Three Days of Thunderstorms, Moderate Rains Across Nigeria

FCT Resident Doctors Declare Indefinite Strike

Rivers Prepares for Fubara’s Return as Ibas Defends Six-Month Tenure

NYSC Lagos Orientation Course Kicks Off, Officials Urged to Foster Unity and Collaboration

Nwede Congratulates APC Leader Okenwa on Becoming a Barrister

Police arrest six over alleged abduction of business partner in Lagos

Nigerian troops arrest suspects, seize illegal petroleum products in Niger-Delta

Philanthropist Donates to Orphanage, Elderly Home on Birthday

An Orator and a Colossus: Tributes to Two Great Ngbo Men Who Inspire Me

Firms Team Up to Train C-Sagas Foundation Youth in Tech

Edo Police Recover ₦300,000 Extorted From Furniture Maker, Detain Officers

AmusanTakes Silver as Kambundji Makes History in 100m Hurdles

Alumnus Commissions Modern Bus Stops at AE-FUNAI

End SARS Critic Yunusa Ahmadu Yusuf Dies in Abuja Hotel at 47

Iheanacho’s Last-Gasp Penalty Fires Celtic Back to Top of Scottish Premiership

NiMet Forecasts Three Days of Thunderstorms, Moderate Rains Across Nigeria

FCT Resident Doctors Declare Indefinite Strike
