in a bid to handle current billing disparities and increase funding within the energy sector, the Federal Government of Nigeria has introduced plans to evaluate electrical energy tariffs for Band B and C clients.
Minister of Power, Adebayo Adelabu, made this recognized throughout the public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan on Thursday in Abuja, describing the present pricing construction as “unfair” and referred to as for a extra balanced system.
“Customers in Band B enjoy 17 to 18 hours of electricity supply daily and pay N63 per kilowatt-hour, while those in Band A, with just two hours more supply, are charged N209 per kilowatt-hour,” Adelabu defined.
The minister famous that the numerous hole between the tariffs of Band A and people of Bands B, C, D, and E wanted to be addressed to make sure fairness.
“We believe it’s not fair. It is not just, and we must be able to carry out some level of regularisation,” he mentioned.
Adelabu clarified that the evaluate didn’t essentially suggest a right away enhance in electrical energy tariffs however fairly a reassessment of the present construction to boost effectivity and equity.
“We will look at the tariff again. I am not saying that we’re going to increase the tariff before I am misquoted,” he emphasised.
“We want to improve on last year’s modest achievements and ensure investment in revamping dilapidated infrastructure.”
The authorities’s plan goals to draw extra funding within the energy sector by making pricing techniques extra clear and equitable.
Adelabu highlighted the necessity for a balanced strategy to help sectoral development and repair supply enchancment.
The electrical energy tariff evaluate is anticipated to be a part of broader reforms aimed toward making certain a extra environment friendly and dependable energy provide throughout Nigeria.
Further consultations with stakeholders are anticipated within the coming weeks