The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff.
The increament takes effect from September 1, 2020.
The National Assembly had directed NERC to halt the planned increase in July due to the current economic challenges in the country. The lawmakers directed that the increment be cancelled until the first quarter of 2012.
The latest development however shows that electricity consumers receiving more than 12 hours of electricity supply, would pay more starting from today.
President Muhammadu Buhari had also order that there should be no increase in electricity tariff. The President ordered a nation-wide mass-metering.
Kaduna Electric announced that non maximum demand consumers, receiving 12 to 16 hours will be charged N50.10 per KWh, while the tariffs for consumers receiving less than 12 hours had been temporarily frozen.
“Following consultations and directions on tariff policy, the commission hereby approves a deferment of the applicable tariffs for customers in service bands D and E (that is customers with a service commitment of less than an average of 12 hours supply per day over a period of one month) for the period September 1, 2020 to January 1, 2021,” NERC said.
The Ikeja Electric charges N42.73 per KWh, for consumers receiving minimum of 12 hours of supply, an increment from N21.30 per KWh. Also, the Eko Electricity Distribution Company, charges N43.01 per kWh for consumers previously paying N24 per kWh for minimum of 12 hours supply.
The Abuja Electricity Distribution Company charges N45.69 per KWh, for consumers receiving between 12 to 16 hours of supply. An increase from N24.30 per kWh.
Princess Ada is a Senior Content Creator and Head of Field Reporters at Naija Buzz News. She is a graduate of The Federal Polytechnic Nasarawa, Nasarawa State, where she studied Accounting before joining the media industry. She’s well experienced in Nigeria’s online media space. Ada previously worked as the Head of Business Operations at 1Push.Ng. She is a proud Igbo from Enugu State, South-East Nigeria.