Business
FG Increases Electricity Tariff By Over 300%
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification.
Musliu Oseni, NERC vice chairman, announced the approval during a press conference in Abuja on Wednesday.
Oseni said customers under the classification, who receive 20 hours of electricity supply daily, will now pay N225 per kilowatt (kW) — up from N66
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