Saturday, March 22, 2025

Musliu Oseni

April 4, 2024

New electricity tariff to reduce money spent on subsidy by N1.14 trillion: NERC

NERC says the new tariff hike is expected to reduce money spent on subsidy by about N1.14 trillion for the 2024 fiscal year.

high-tension power cable
April 3, 2024

Tariff hike will affect only customers enjoying 20-hour power supply: NERC

Mr Oseni said the increase would only affect about 15 per cent of electricity consumers who have been proven to enjoy 20 hours of power supply daily.

Prepaid meter used to illustrate the story
April 3, 2024

New Electricity Tariff: ‘Band A’ price hiked from N66 to N225 per kilowatt 

NERC has announced a hike in electricity tariffs that would only apply to urban customers who consume a minimum of 20 hours of power supply per day.

Prepaid metres

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