N209.5/kWh: Kaduna Electric, Ibadan DisCo Raise Band A Tariffs [Video]

• Two Electricity Distribution companies have announced tariff increases for Band A customers
• Kaduna Electric and Ibadan DisCo said the increases have been approved by the Nigerian Electricity Regulatory Commission (NERC)
• They cited the current economic conditions across the country as reasons for the increase

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

Kaduna Electric has announced a tariff hike for its customers on Band A feeders from N206.80/Kwh to N209.05, effective July 1, 2024.

The company confirmed the tariff adjustment for A feeders in a statement issued by Abdulazeez Abdullahi, its head of Corporate Communications.

Tariff increases affect prepaid and postpaid customers

Reports say the company said the new tariff begins on July 1, 2024, affecting prepaid and postpaid consumers.

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