Breaking: FG Increases Electricity Tariffs By 300% Effective Today

Breaking: FG Increases Electricity Tariffs By 300% Effective Today
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Nigeria Electricity Regulatory Commission approves increase in Electricity tariff  from ₦66  to ₦225 per kilowatt hour for customers under Band A category. This new rate,  which is 3 times more than the existing rate takes  effect from today. 

Under the SBT, consumers are classified in Bands A to E as follows:

Band A: Minimum of 20 Hours

Band B: Minimum of 16 Hours

Band C: Minimum of 12 Hours

Band D: Minimum of 8 Hours

Band E: Minimum of 4 Hours of Electricity

More details later 

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