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Nigerians To Pay More For Electricity

There are indication that Nigerians will start paying more for electricity as from next month

The development, already designed by the Nigerian Electricity Regulatory Commission (NERC) under the Service Based Tariff (SBT) programme will take effect from September first.

The SBT came into force last year, increasing cost of electricity by over 50 per cent as government attempts to halt subsidy in the electricity sector and allow the Nigerian Electricity Supply Industry (NESI) generate enough fund to finance the bed-ridden market.

Although criticisms have dogged the service based tariff as improvement in electricity supply remained dismal with perpetual outages and collapse of transmission and distribution infrastructure, some distribution companies already informed consumers that a new tariff would be implemented next week.

source-Guardian

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