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Breaking News

FG reduces electricity tariff for ‘Band A’ Customers

FG reduces electricity tariff for ‘Band A’ Customers
FG reduces electricity tariff for ‘Band A’ Customers 1

The Federal Government announced the decrease in the electricity tariff for Band A customers.

Previously, the Nigerian Electricity Regulatory Commission (NERC) mandated customers receiving a daily supply of at least 20 hours to pay N225/Kwh.

However, following the approved review, Band A customers will now pay 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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