Against the backdrop of the new Electricity tariff approved by the Nigerian Electricity Regulatory Commission (NERC), the Ikeja Electricity Distribution Company (Ikeja Electric) has released data showing 41 areas under its network that are categorised under band ‘A’ in Lagos.…
NERC hikes electricity tariff from N68/KwH to N225
The Nigerian Electricity Regulatory Commission, NERC, has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This is a 300 percent hike and takes effect from April 1, 2024. However, it will be for urban consumers,…
