ELECTRICITY TARIFF HIKE: NERC SETS NEW RATE AT N225 PER KILOWATT
Channel: ADBN TV
Date: 2024-04-04

In a significant move, the Nigerian Electricity Regulatory Commission (NERC) has announced a substantial increase in electricity tariffs, setting the new rate at N225 per kilowatt. 
This adjustment marks a more than threefold increase from the previous rates.

This was revealed by the the Vice Chairman of NERC, Dr. Musiliu Oseni During a press briefing at NERC headquarters in Abuja, 

He noted that the hike would impact approximately 15% of consumers, specifically those categorized under Band A, who enjoy over 20 hours of electricity supply daily.