The Nigerian Electricity Regulatory Commission (NERC) recently raised electricity prices from ₦68 to ₦225 per kilowatt hour for ‘band A’ customers. NERC claims band A customers receive at least 20 hours of electricity daily, prompting concerns about the affordability of this essential service. Nigeria’s power minister has emphasized the pressing need for tariff adjustments to reflect the cost of providing electricity. The sharp increase in electricity tariffs continues burdening ordinary citizens, [...]
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