The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff for customers in Band A.
Musliu Oseni, the Vice Chairman of NERC, said that customers in Band A will now pay N225 per kilowatt hour instead of the current N66.
PUNCH Online points out that Band A customers get 20-24 hours of electricity daily, Band B get 16-20 hours, Band C get 12-16 hours, Band D get 8-12 hours, and Band E get 4-8 hours.
Additionally, Band D subscribers get 8-12 hours daily, and Band E subscribers get 4-8 hours daily.
During a press conference in Abuja, Oseni stated that Band A customers make up 15% of the 12 million electricity customers in Nigeria, which is about 1.8 million subscribers.
He added that customers in the other bands will not be affected by the review.
Bloomberg's sources reported that power companies will be allowed to raise electricity prices for urban consumers to N200 ($0.15) per KW/h from N68.
According to Bloomberg, people in the presidency familiar with the matter said that this move aims to attract new investment and reduce the $2.3 billion spent to cap tariffs.
PUNCH Online's report highlights the Lagos State subscribers of the Band A tariff plan who get 20-24 hours of electricity daily in a document prepared by Ikeja Electricity Distribution Company.
Ijaiye (33-Ota TCN-AMJE) in Abule-Egba Business Unit gets 998 KW/h.
Ijaiye (33-Ota TCN-Abeokuta Expressway) in Abule-Egba Business Unit gets 930KW/h.
Able-Taylor (11-EkoroINJ-T1-Ekoro) in Akowonjo Business Unit gets 920KW/h.
Egbeda (11-AlimoshoINJ-T8-Alimosho) in Akowonjo Business Unit gets 889KW/h.
Anifowoshe (11-New AlausaINJ-T4-Siyanbola) in Akowonjo Business Unit gets 929KW/h.
Anifowoshe (11-Adeniyi JonesINJ-T1-Ajao) in Akowonjo Business Unit gets 941KW/h.
Anifowoshe (11-New AlausaINJ-T6-Awolowo) in Akowonjo Business Unit gets 889KW/h.
Anifowoshe (11-Adeniyi JonesINJ-T1-Adeniyi Jones) in Akowonjo Business Unit gets 982KW/h.
Ogba (11-OgbaINJ-T3-Oba Akran) in Akowonjo Business Unit gets 888KW/h.
Ogba (11-Oke IraINJ-T2-Kayode) in Akowonjo Business Unit gets 867KW/h.
Ogba (11-Oke IraINJ-T2-Mangoro) in Akowonjo Business Unit gets 943KW/h.
Ojodu (11-OjoduINJ-T2-River Valley) in Akowonjo Business Unit gets 910KW/h.
Oregun (11-MarylandINJ-T2-Ojota) in Akowonjo Business Unit gets 973KW/h.
Oregun (11-OpebiINJ-T1-Olusosun) in Akowonjo Business Unit gets 924KW/h.
Oregun (11-New AlausaINJ-T5-Kudirat) in Akowonjo Business Unit gets 977KW/h.
Oregun (11-New AlausaINJ-T6-Ogundana) in Akowonjo Business Unit gets 981KW/h.
Oregun (11-New AlausaINJ-T4-Allen) in Akowonjo Business Unit gets 989KW/h.
Oregun (11-New AlausaINJ-T5-Alausa) in Akowonjo Business Unit gets 945KW/h.
Oregun (11-New AlausaINJ-T4-Oregun) in Akowonjo Business Unit gets 980KW/h.
20. Oregun (11-New AlausaINJ-T5-Morrison) in Akowonjo Business Unit uses 950 kilowatt-hours of electricity per hour.
21. PTC (11-IlupejuIJN-T4-Ikorodu) in Akowonjo Business Unit uses 892 kilowatt-hours of electricity per hour.
22. PTC (11-MarylandIJN-T1-PTC) in Akowonjo Business Unit uses 858 kilowatt-hours of electricity per hour.
23. PTC (11-IlupejuIJN-T1-Bhojson) in Akowonjo Business Unit uses 923 kilowatt-hours of electricity per hour.
24. PTC (11-PTCIJN-T2-Awuse) in Akowonjo Business Unit uses 991 kilowatt-hours of electricity per hour.
25. PTC (11-IlupejuIJN-T3-General Hospital) in Akowonjo Business Unit uses 892 kilowatt-hours of electricity per hour.
26. Lasunwon (33-IkoroduTCN-Fakale Source) in Ikorodu Business Unit uses 890 kilowatt-hours of electricity per hour.
27. Odogunyan (11-OdogunyanINJ-T2-Centex) in Ikorodu Business Unit uses 854 kilowatt-hours of electricity per hour.
28. Ago (11-ItireINJ-T3-Ago) in Oshodi Business Unit uses 851 kilowatt-hours of electricity per hour.
29. Ago (33-ItireTCN-Ago 1) in Oshodi Business Unit uses 933 kilowatt-hours of electricity per hour.
30. Ajao (11-AjaoINJ-T2-New Estate) in Oshodi Business Unit uses 906 kilowatt-hours of electricity per hour.
31. Idimu (33-EjigboTCN-AGODO) in Oshodi Business Unit uses 956 kilowatt-hours of electricity per hour.
32. Ikosi (11-MarylandINJ-T3-Demurin) in Shomolu Business Unit uses 947 kilowatt-hours of electricity per hour.
33. Ilupeju (11-IlupejuINJ-T3-Coker) in Shomolu Business Unit uses 960 kilowatt-hours of electricity per hour.
34. Ilupeju (11-IlupejuINJ-T3-Palmgroove) in Shomolu Business Unit uses 960 kilowatt-hours of electricity per hour.
35. Magodo (11-MagodoINJ-T2-Bashiru) in Shomolu Business Unit uses 939 kilowatt-hours of electricity per hour.
36. Magodo (11-MagodoINJ-T1-Emmanuel Keshi) in Shomolu Business Unit uses 998 kilowatt-hours of electricity per hour.
37. Mende (11-MarylandINJ-T3-Sylvia) in Shomolu Business Unit uses 944 kilowatt-hours of electricity per hour.
38. Mende (11-MarylandINJ-T2-Westex) in Shomolu Business Unit uses 981 kilowatt-hours of electricity per hour.
39. Olateju (11-IlupejuLocal-T1-Industrial) in Shomolu Business Unit uses 982 kilowatt-hours of electricity per hour.
40. Oworonshoki (11-OworoINJ-T1-Hospital) in Shomolu Business Unit uses 985 kilowatt-hours of electricity per hour.
41. Oworonshoki (11-OworoINJ-T1-Anthony) in Shomolu Business Unit uses 965 kilowatt-hours of electricity per hour.
