NERC hikes electricity tariff

NERC

The Nigerian Electricity Regulatory Commission (NERC) has fixed N225 Kilowatt per hour for about 15 per electricity customers, who are in a new band A category.

Announcing this in Abuja Wednesday, NERC said the increase would not affect band B to E, adding that the number of customers who were previously on band A have been downgraded.

Speaking in a press conference on the development, NERC Vice Chairman, Musiliu Oseni said the number of feeders on band A, which was over 900 did not qualify and has now been downgraded.

Details later.

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