There was a sudden and surprising improvement in electricity supply in my area just a day after the Nigerian Electricity Regulatory Commission NERC announced the total elimination of subsidy for customers branded as Band A. Power supply, which had previously been epileptic with frequent blackouts, became stable and outages were quickly restored.
Suddenly, there was remarkable improvement in electricity supply in my area just a day after the Nigerian Electricity Regulatory Commission NERC announced total elimination of subsidy for customers branded as Band A . Before then, power supply in that area had at best, remained epileptic with some days of total black-out.
But the issue appeared resolved when someone posted the receipt of the payment he made that very day, indicating that for the N10,000 recharge he made, he got only 41 units of electricity. The arithmetic of it showed very clearly that it was calculated on the basis of the new Band A rate. The message got clearer in the absence of any clarification from the power distribution company In the last 10 days or so, electricity supply has been steady in my area.
As those classified within the Band A category grapple with high cost of electricity, the capacity of the Discos to keep faith with the minimum of 20-hour daily power supply has also been at issue. Since NERC benchmarked the increase on the supply of at least 20 hours of electricity per a day, what remedies are there for customers in the event of default by the Discos? For now, there is no clarity on that seeming contractual agreement.
The list is not exhaustive. But it mirrors vividly the shortcomings in NERC’s strategy on subsidy removal in the electricity sector. Apparently responding to pressure from the Bretton Woods institutions on subsidy removal in that sector, the government sought a way out through what appears as price discrimination.
There is the notion that those in Band A are net worth consumers that should be able to pay the new rate. This calculation may not be foolproof given the widening poverty in the land and its toll on the middle class.
Electricity Supply Improvement Nigerian Electricity Regulatory Commission Subsidy Band A Stable Blackouts
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Four Nigerian Electricity Distribution Companies Unable to Meet Power Supply RequirementsFour Nigerian electricity distribution companies (DisCos) have published their inability to meet the required power supply for Band A customers, as directed by the Nigerian Electricity Regulatory Commission (NERC). These DisCos include Ibadan Electricity Distribution Company (IBEDC), Kano Electricity Distribution Company (KEDCO), Kaduna Electricity Distribution Company (KAEDC), and Benin Electricity Distribution Company (BEDC).
Read more »
Increase in Electricity Tariff for Customers under Band A Approved by Nigerian Electricity Regulatory CommissionThe Nigerian Electricity Regulatory Commission (NERC) has recently approved an increase in the electricity tariff for customers under Band A. Customers under Band A will now enjoy 20-24 hours of electricity supply daily. This increase affects several areas on Lagos Island.
Read more »
Senior Staff Association of Electricity and Allied Companies Calls for Reversal of Electricity HikeThe Senior Staff Association of Electricity and Allied Companies has demanded that President Bola Ahmed Tinubu's government reverse the 245% electricity hike imposed by electricity distribution companies. The association criticized the tariff increase as insensitive and unacceptable, stating that the government had not made sufficient improvements in the power sector to justify such a drastic increase.
Read more »
New Electricity Tariff: Full list of Ibadan Electricity ‘Band A’ areasThis is a full list of the 30 areas that fall within the Band A tariff under Ibadan Electricity Distribution Company, IBEDC:
Read more »
Nigerian Electricity Regulatory Commission Approves Sharp Increase in Electricity Tariffs for Band A CustomersThe Nigerian Electricity Regulatory Commission has approved a significant increase in electricity tariffs for customers classified under Band A, affecting some customers of Eko Electricity Distribution Company. The new tariff will be N225 per kilowatt-hour, a significant rise from the previous rate of N66.
Read more »
Nigerian Electricity Regulatory Commission approves increase in electricity tariffThe Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification. Customers under this classification will pay N225 per kilowatt (kW), starting from April 3 — up from N66.
Read more »