The Federal Authorities has introduced plans to regularise electrical energy tariffs for patrons for Band A, B and C to make sure a extra environment friendly and dependable energy sector.
This disclosure was made by the Minister of Power, Mr Adebayo Adelabu, through the Public Presentation of the Nationwide Built-in Electrical energy Coverage (NIEP) and Nigeria Built-in Useful resource Plan in Abuja on Thursday.
The coverage doc was developed by the ministry with assist from the UK International, Commonwealth and Growth Workplace (FCDO) and the UK Nigeria Infrastructure Advisory Facility (UKNIAF).
Present tariff constructions and disparities
Below the present construction, Band B clients obtain between 17 to 18 hours of electrical energy provide and pay N63 per kWh, whereas Band A clients, who get simply 2 to six additional hours, pay N209 per kWh, as reported by the Information Company of Nigeria.
Adelabu defined that in 2024, the ability sector adopted cost-reflective tariffs for about 15 per cent of electrical energy shoppers. Whereas this may occasionally seem to be a small share, he emphasised that it marks a big step ahead within the sector’s reform.
The Minister of Power additional highlighted that steady enhancements to Nigeria’s electrical energy distribution and transmission infrastructure would enable extra shoppers to transition to Band A.
“As we proceed to enhance our distribution and transmission infrastructure, extra shoppers might be upgraded to Band A.”
Adelabu acknowledged that migrating some clients to Band A led to a 70% improve in energy sector income, rising from N1.05 trillion in 2024 to N1.7 trillion.
He clarified that the tariff evaluate doesn’t indicate a rise however goals to spice up income, drive sector development, and improve growing old infrastructure for a extra dependable energy provide.
Adelabu identified the significance of funding as that is wanted to speed up the transition of lower-band clients to Band A.
What you need to know
- In February 2025, Eko Electrical energy Distribution Firm (EKEDC) formally commenced the distribution of free pay as you go meters to Band A clients inside its protection areas as a part of the Meter Acquisition Fund (MAF) scheme, as reported by Nairametrics.
- In November 2024, the Nigerian Electrical energy Regulatory Fee (NERC) requested electrical energy distribution corporations (DisCos) to make sure Band A clients obtain the required 20 hours of day by day energy provide.
- The tariff adjustment goals to enhance energy sector income, improve infrastructure, and guarantee extra dependable electrical energy for shoppers.
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