The Federal Government has approved a downward review in electricity tariff for Band A customers to N 206.80/kilowatt Per Hour, from N225.
In a notice to its customers, Ikeja Electric, confirmed the downward tariff review which is said to take effect from Monday, the 6th of May, 2024.
The Distribution Company added that the tariff for Bands B, C, D, and E remains unchanged.
Band A customers are consumers who receive between 20 and 24 hours of electricity supply daily.
Those under B enjoy 16 to 20 hours of power supply while those in Band C receive 12 to 16 hours daily.
Recall that the Nigerian Electricity Regulatory Commission (NERC) had increased the tariff paid by Band A customers from N68/KWh to N225/kWh with the review generating reactions across the country
Amongst those who kicked against the upward review was the President of the Nigeria Labour Congress (NLC), Mr Joe Ajaero who expressed dissatisfaction over the epileptic power situation in the country and its negative impact on economic growth – during a speech to mark the 2024 Workers’ Day in Abuja.