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NERC approves electricity tariff hike for Band A customers, downgrades non-compliant areas

The Nigerian Electricity Regulatory Commission (NERC) has given the green light for an increase in electricity tariffs, impacting Band A customers who currently receive 20 hours of power supply daily. Mr. Musliu Oseni, Vice Chairman of NERC, announced this decision during a press conference held in Abuja on Wednesday. Oseni highlighted that Band A customers Read More…

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Ikeja Electric implements revised service reflective tariff

Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective Nov. 1. The electricity distribution company made the announcement in a public notice posted on its official Twitter account on Sunday. The previous SRT which began on Sept. 1 Read More…

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FG extends suspension of new electricity tariff by 1 week

The Federal Government has extended the suspension of the new electricity tariff by one week. Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a reconvene bilateral meeting between Federal Government and Organised Labour on Monday in Abuja. The Read More…