National

Flash: Nigeria govt reduces electricity tariff for ‘Band’

Voice Air Media, VAM News Update

THE Federal Government has reduced the electricity tariff for Band A customers.

Recall that the Nigerian Electricity Regulatory Commission (NERC), had charged customers with a daily supply of a minimum of 20 hours to pay N225/Kwh.

However, under the approved review, Band A customers are now to pay N206.80/Kwh.

Ikeja Electric, in a notice to its customers on Monday, said, “Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective May 6, 2024, with guaranteed availability of 20–24 hours of supply daily.”

The tariffs for Bands B, C, D, and E remain unchanged.”

VAM News

Recent Posts

Tinubu approves six appointments in key sector

News Update President Bola Tinubu on Wednesday, approved six new appointments in the education sector.…

2 hours ago

Wale Edun breaks silence after President Tinubu removed him as minister

News Update THE outgoing Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

6 hours ago

Alleged Kidnap Attempt: Hon. Oyewole Aderemi Raises Alarm, Calls for Police Investigation

Hon. Oyewole Aderemi has alleged that he narrowly escaped a suspected kidnapping attempt at his…

19 hours ago

Tinubu Removes 2 Ministers, Elevates Oyedele As Finance Minister

News Update PRESS RELEASE OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION Tinubu…

21 hours ago

‘Families Must Step Up’ – Ekiti Intensifies Anti-Drug Drive as Stakeholders Demand Rehab Centres

Worried by the growing impact of substance abuse on families and communities, stakeholders in Ekiti…

21 hours ago

Kwara gov visits wounded troops, pledges N90m

The Governor of Kwara State, AbdulRahman AbdulRazaq, on Tuesday afternoon paid a get-well-soon visit to…

23 hours ago