Following the approval of a 300 per cent electricity tariff hike by the Nigerian Electricity Regulatory Commission on Wednesday, DAILY POST outlines what Nigerians should know about the hike.

Recall that NERC approved 225 per Kilowatt for ‘Band A’ electricity customers in Nigeria.

The development represents a significant shift from electricity subsidy in the Nigeria Electricity Supply Industry amid persistent epileptic power supply nationwide.

Customers Affected by Hike

NERC said that only Band A customers received at least 20 hours of power supplies from the eleven electricity distribution companies.

According to the Vice Chairman of NERC, Musiliu Oseni, only 15 per of the 12.12 million electricity customers in Nigeria are affected.

He explained that the tariff hike would not affect customers on B, C, D, and E, having less than 20 hours of power supply.

Implication of New Electricity Tariff

The hike implies that electricity consumers under Band A will pay 300 per cent more to get a power supply.

This means a complete electricity subsidy removal for customers under Band A.

However, the hike will not lead to an improvement in the electricity supply to the affected customers.

Date of hike commencement

According to the new tariff order, Discos commenced the implementation of the new electricity tariff on Wednesday, 3rd April 2024.

This means customers under Band A have begun paying 300 per cent more for electricity.

Meanwhile, since January 2024, customers across all bands have suffered epileptic power supply in Nigeria.

The Minister of Power, Adebayo Adelabu, blamed gas constraints for the erratic power supply in Nigeria.

Bobloco:

This means a complete electricity subsidy removal for customers under Band A.

However, the hike will not lead to an improvement in the electricity supply to the affected customers.

helinues:
Toh

We said we want stable electricity right? They have given us the charge/rate

Oh it's NEPA light, let me quickly Iron, Charge all gadgets, use electronic stove, put on the bulb as you don't like darkness, why should music stop when there is light, Fridge and freezers shouldn't also be left out.. Remember na NEPA light

Make we see if we can truly afford it

helinues:
Toh

We said we want stable electricity right? They have given us the charge/rate

Oh it's NEPA light, let me quickly Iron, Charge all gadgets, use electronic stove, put on the bulb as you don't like darkness, why should music stop when there is light, Fridge and freezers shouldn't also be left out.. Remember na NEPA light

Make we see if we can truly afford it

Bobloco:

This means a complete electricity subsidy removal for customers under Band A.

However, the hike will not lead to an improvement in the electricity supply to the affected customers.

Stanleymaster1:
To me I don't see any reason for this 300% increase, Nigerians will pay for electricity, in return they give darkness, when the transformers are bad, Nigerian again will contribute money to buy new transformers still the Disco won't detuct from their bill. People living in location made up of mostly poor people, if they apply for meter, they won't get, even after payment. How will this increase, increase electricity production when the infrastructure is still the same.

Ofunaofu:


Toh!

I am not sure you read this part of the report below before making your senseless comment

helinues:


That's unsubstantiated..

Again, stop being incoherent on my mentions

Ofunaofu:


Toh!

I am not sure you read this part of the report below before making your senseless comment

Ance4Liverpool:
Stop complaining, go get solar and generator then disconet from useless nepa simple

Invisible123:
What this means is that band A will now have more power supply, carved out from other bands just to pacify band A and justify the upward review.
In essence, majority of Nigerians that fall under band B and below will now experience poorer supply.

Didn't the government think this through?

helinues:


That's unsubstantiated..

Again, stop being incoherent on my mentions