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FG increases electricity tariff for band A customers

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The Federal Government has jacked up the electricity tariff for Band A customers.

Band A are those who enjoy electricity supply for 20 hours per day.

 

At a press briefing in Abuja on Wednesday, Musliu Oseni, Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), said the increase will see customers pay ₦225 kilowatts per hour, up from the current ₦66.

 

Oseni said these customers represent 15 per cent of the 12 million electricity customers in the country.

 

He added that the commission had also downgraded some customers on Band A to Band B due to non-fulfilment of the required hours of electricity provided by the electricity distribution company.

 

“We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band-A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders.

READ  How Rivers cultists tricked slain DPO into death trap – CP

 

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour.”

 

He noted that the review will not affect customers on the other Bands.

 

Bloomberg on Tuesday reported that power companies will be allowed to raise electricity prices to N200 ($0.15) per kilowatt-hour from N68 for urban consumers.

 

It quoted people in the presidency with knowledge of the matter saying this was in a bid to attract new investment and slash about $2.3bn spent to cap tariffs (subsidies).

 

According to the news agency, “Nigerians will now have to pay $2.42 per one million British thermal units from the previous rate of $2.18 MMBtu.”

 

The increase follows Monday’s announcement by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of an increase in the price of natural gas to power.

 

Grid Collapse

A week ago the nation was plunged into darkness as the national grid collapsed for the second time in the year.

READ  Buhari gives education minister two weeks to resolve ASUU strike

 

The first occurrence happened on February 4.

 

Nigeria for decades has been overwhelmed by challenges in the energy sector as a result of an ever-growing population.

 

Data from the Transmission Company of Nigeria (TCN) indicated that the grid collapsed at about 4:00 pm, and dropped from 2,984 megawatts (MW) to zero in an hour, with all 21 plants connected to the grid ceasing operations by 5:00 pm.

 

In a statement, Abuja Electricity Distribution Company (AEDC)  appealed to consumers for understanding after confirming that the current power outage was due to a system failure from the national grid.

 

“The system collapsed at about 16:28 hours today 28 March 2024, causing the outage currently being experienced across our franchise area,” AEDC posted on its X handle.

 

“We appeal for your understanding as all stakeholders are working hard to restore normal supply.”

 

According to the Energy Progress Report 2022 released by Tracking SDG 7. Nigeria had the lowest access to electricity globally, with an estimated 92 million of the country’s population lacking access to power.

READ  Insecurity: Bandits, vigilantes kill 32 people in two Sokoto attacks

 

 

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: FG announces free ride on Port Harcourt-Aba railway

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1. The Federal Government has announced free passenger train ride for four days on the rehabilitated Port Harcourt to Aba railway. The Permanent Secretary, Ministry of Transport, Oloruntola Oluremi, said the free train ride would be from 1st to May 4th.

2. The Federal Government has approved a significant salary increase for civil servants across various sectors. Head of Press at the National Salaries, Incomes and Wages Commission, NSIWC, Emmanuel Njoku, announced this at a briefing in Abuja on Tuesday.

 

3. The resumption of the Senate from its Easter and Sallah break on Tuesday was almost enmeshed in a rowdy session as senators literally fought over seats. It was later learnt that the commotion was occasioned by the new seating arrangement for Senators in the newly renovated main chamber.

 

4. Two undergraduates of Edo State government-owned, Ambrose Alli University, AAU, Ekpoma have been shot dead in a cult reprisal attack. It was gathered on Tuesday that one of the victims, SUG’s official, was a 400-level student in the Faculty of Agriculture, and was killed at the Poultry Road Extension in Ekpoma.

READ  How Rivers cultists tricked slain DPO into death trap – CP

5. The Federal Government, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. It announced this at the Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community Development Trust Regulations organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in Abuja.

 

6. A yet-to-be-identified pregnant woman and eight others sustained varying degrees of injuries following a gas explosion that occurred at Alaba Lane, Alayabiagba Community, in the Ajegunle-Apapa area of Lagos State. It was gathered that the incident occurred on Tuesday at about 12:39 pm.

 

7. Gunmen, again, on Monday night, reportedly invaded the Bmuko Community, in the Dutse Baupma axis of the Bwari Area Council of the Federal Capital Territory, kidnapping four residents in the area. A resident of the community, Mr Isah, who spoke to newsmen on Tuesday, said the gunmen arrived in the community at about 11:50 pm on Monday.

READ  Five dead, 4 injured as drunk police officer runs berserk in Enugu

8. Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, declared that it would shut down the 30,000 stations operated by IPMAN members across the country if the Federal Government fails to pay the N200bn it owes marketers.

 

9. Former Vice-President Atiku Abubakar has sympathised with Nigerian workers, saying they have worked for a government with policies against their welfare. He said this in an International Workers Day message to Nigerian workers. He said the plight of the Nigerian worker remains dire.

10. Three members of a notorious gang of robbers who operate on the Otedola Bridge, Lagos, have been arrested in connection with the recent attack on the Divisional Police Officer, DPO of Alausa, CSP Abaniwonda Tokunbo. The DPO was said to have been stabbed at the back and her phone snatched during the attack.

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UPDATED: FG approves 35% salary increase for civil servants

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The Federal Government has approved an increase of between 25 percent and 35 percent salary increase for civil servants on the remaining six consolidated salary structures.

 

The salary increase, announced on the eve of the Workers’ Day celebration, is contained in a statement issued by Emmanuel Njoku, head of press, at the national salaries, incomes and wages commission (NSIWC).

 

The statement said the increase takes effect from January 1, 2024.

 

The six consolidated salary structures are consolidated public service salary structure (CONPSS); consolidated research and allied institutions salary structure (CONRAISS); consolidated police salary structure (CONPOSS); consolidated para-military salary structure (CONPASS); consolidated intelligence community salary structure (CONICCS); and consolidated armed forces salary structure (CONAFSS).

The Federal Government also approved an increase in pension of between 20 percent and 28 percent for pensioners on the defined benefits scheme with respect to the six consolidated salary structures.

 

 

READ  Insecurity: State police better option now – Obasanjo

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BREAKING: FG approves salary increase for civil servants

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The Federal Government has approved an increase of between 25 percent and 35 percent salary increase for civil servants on the remaining six consolidated salary structures.

 

The salary increase, announced on the eve of the Workers’ Day celebration, is contained in a statement issued on Tuesday by Emmanuel Njoku, head of press, at the national salaries, incomes and wages commission (NSIWC).

 

The statement said the increase takes effect from January 1, 2024.

Details later…

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