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 Asiwaju Media
Subscribe to get the latest posts sent to your email.
-
NEWS7 days ago
David Beckham Hospitalized With Arm Injury As Victoria Shares Update
-
ENTERTAINMENT6 days ago
Frank Edoho Confirms Split From Second Wife Sandra Onyenuchenuya
-
NEWS6 days ago
Man Heartbroken As Girlfriend Of 2 Years Denies Him During Interview With YouTuber Asherkine At UNN
-
ENTERTAINMENT6 days ago
Nollywood Mourns As Actor And Producer Kayode Peters Reportedly Passes Away In Canada
-
JOBS/SCHOLARSHIPS7 days ago
FG Releases YEIDEP 2025 Payment Schedule, Sparks Hope for Youth in Agribusiness
-
INSIDE NYSC6 days ago
NYSC DG Calls For Unity and National Development During Lagos Camp Visit
-
POLITICS4 days ago
Christian Asaga Nwali Bags Award for Contributions to Community Development
-
SPORTS6 days ago
Abakaliki FC Faces Kwara United Today in Federation Cup Final
-
ENTERTAINMENT5 days ago
UNN Student Becky Breaks Silence, Denies Claims Of Boyfriend Denial After Viral Outing With Asherkine
-
NEWS6 days ago
Philanthropist Christian Asaga Nwali Commissions Bungalow for Elderly Widow in Ikwo
-
POLITICS5 days ago
Senator George Akume Resigns as Secretary to the Government of the Federation
-
SPORTS5 days ago
Afonja Warriors Spice Up the Final, Leave Rice Boys with an Empty Bowl