The Minister of Power, Adebayo Adelabu, has assured that any customer not currently enjoying 20 hours of electricity would not pay the new tariff, noting that the Federal Government would pay the sum of ₦2.9trn to subsidise electricity this year if the tariff was not reviewed.
The minister stated this while appearing before the Senate Committee on Power, for a one-day investigative hearing on the proposed increase in electricity tariff, explaining that the government introduced the new policy to save the drowning sector, assuring Nigerians that the pains were temporary.
Chairman of the committee, Eyinnnaya Abaribe raised the question of how customers were migrated from the previous customer classes of Residential to different bands, wondering if the process was under the provisions of the law.
The development comes on the heels of the recent increase in electricity tariffs for consumers in the Band A category by NERC from N68/KWh to N225/kWh.
