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Tinubu Approves Downward Review Of Tariff For Band A Electricity Consumers, Reason Revealed

Wisdom Nwedene
Last updated: May 6, 2024 12:38 pm
By Wisdom Nwedene - Journalist
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By Wisdom Nwedene

Following inability of Electricity Distribution Company to supply at least 20 hours power supply, President Bola Tinubu’s government has approved a downward review in electricity tariff for Band A customers.

Some of the customers in Band A who spoke with 9News Nigeria correspondent revealed that the Distribution Companies have not been able to supply them power since the increase in electricity tariff.

Nigerian President Bola Ahmed Tinubu
Nigerian President Bola Ahmed Tinubu

9News Nigeria reports that under the approved review,Band A customers who hitherto were charged N225/Kwh are now to pay N206.80/Kwh.

Currently, electricity distributors are sending the reduction notice to their customers.

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

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”The tariff for Bands B, C, D, and E remains unchanged.”

9News Nigeria will keep monitoring the development.

More details soon….

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