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“All DisCos
shall set up a portal by 10th April 2024 on their website that allows all
customers to check their current Bands by entering their meter or account
numbers,” the electricity regulator said’’
The Nigerian Electricity
Regulatory Commission (NERC) has issued new directives to the electricity
distribution companies (DisCos) on the implementation of the April 2024
Multi-Year Tariff Order.
The directives
were contained in a statement signed by NERC’s Deputy General Manager of Market
Competition and Rates, Abba Terab. The NERC Vice
Chairperson, Musiliu Oseni, who disclosed this while speaking at a press conference
in Abuja, explained that only electricity customers in band A
would be affected by the increase.
He noted that the increase would not affect Bands B, C, D and E
while noting that the number of customers previously on Band A has been
reduced. Band A customers are offered an average daily electricity supply of 20
hours, although many complain they do not get up to that.
The official said the Band A consumers represent 15 per cent of
the population but consume 40 per cent of the nation’s electricity.
Accordingly, he
said, power distribution companies (DisCos) will be allowed to raise
electricity prices to N225 ($0.15) per kilowatt-hour from N68
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