VANGUARD
The Nigerian Electricity Regulatory Commission, NERC, has approved 481 Band A areas for the purpose of implementing the new tariff.
Documents obtained from the regulator indicated that the Abuja Electricity Distribution Company, AEDC, emerged the highest with 107. Yola Electricity Distribution Company, YEDC, has 15, apparently the least.
A breakdown indicated that the Ikeja Electricity Distribution Company, IKEDC, has 45, Port Harcourt Electricity Distribution Company 43.
Kaduna Electricity Distribution Company, 25; Kano Electricity Distribution Company, 43; Ibadan Electricity Distribution Company, 30; Jos Electricity Distribution Company, 64.
Benin Electricity Distribution Company 44; Eko Electricity Distribution Plc, 21 and Enugu Electricity Distribution Company, 44.
Electricity subsidy
Meanwhile, the Federal Government’s subsidies for electricity consumed across the country dropped by N137.07 billion monthly. This is just as it decided to increase tariffs for about two million customers by 230 percent.
The Commission explained that the new increase in electricity for the 1.9 million customers in Band A became necessary following changes in indices used in setting the tariff earlier in the year.
According to NERC, the new tariff is based on an inflation rate of 31.7 percent and a foreign exchange rate of N1,463.3 to a dollar.
It said it expects the energy supply to grow to 5,351GWh.
Directive to DISCOs
Also, the regulator has directed all Electricity Distribution Companies, DisCos, to provide as much clarity as possible to all affected customers.
In its directive to the companies, NERC, stated: “All DisCos shall ensure that ONLY the newly approved Band A feeders listed in their April 2024 supplementary orders are maintained as Band A for the purpose of vending to prepaid customers and billing for postpaid customers on their networks.
“All DisCos are required to immediately post on their websites the schedule of approved Band A feeders that have been affected by the rate review.
“All DisCos shall set up a portal by 10th April 2024 on their website that allows all customers to check their current Bands by entering their meter or account numbers.
“All customers wrongly billed at the new rate should be refunded through energy tokens no later than Thursday the 11th of April 2024, and file evidence of compliance with the Commission by the 12th of April 2024.
“The Commission shall monitor compliance with the requirements and shall continue to provide to all stakeholders as required.”
IKEDC Band A Customers – Effective 3rd April 2024
The information below are in the order of Serial Number, Feeder Name, Feeder Location, and Major Locations Served.
1. 11-IjuINJ-T2-Water Works Abule Egba WATER WORKS COMPOUND IJU
2. 11-IjuINJ-T1-Galilee Abule Egba OLOWOLAJUOGBON , POPOOLA, BEHIND ELLIOT AND PART OF OBAWOLE
3. 11-ShashaINJ-T1-Coker Estate Akowonjo COKER ESTATE ( SEGUN ADEKOYA AND UNITY STREET)
4. 11-HilltopINJ-T1-Hilltop Akowonjo (BOLA DADA, ANJORIN STREETS ) HILLITOP ESTATE
5. 11-AlimoshoINJ-T4-Akowonjo Akowonjo FAKOYA, ISIBA OLUWO & GORDLOVE
6. 11-AlimoshoINJ-T4-FHA Akowonjo 5TH AVENUE, 34 RD
7. 11-AlimoshoINJ-T8-Alimosho Akowonjo OLUWALOGBON & WILLIAMS ESTATE
8. 11-Adekunle FajuyiINJ-T1-Oduduwa Ikeja ADEKUNLE FAJUYI WAY, ODUDUWA WAY, ODUDUWA CRESCENT, SASEGBON STREET, SOBO AROBIODUN STREET, REMI FANI KAYODE AVENUE
9. 11-IlupejuINJ-T4-Ikorodu Ikeja APAPA OWORONSHOKI EXPRESS WAY, IKORODU ROAD, ISMAIL ESTATE, IYA OLOYE CRESCENT, IJAOLA STREET,ONIGBONGBO AKERELE STREET, ONIGBONGBO OLAIDE BENSON STREET, ONIGBONGBO
10. 11-PTCINJ-T2-Awuse Ikeja TOKUNBO MACAULAY,EMMANUEL KESHI,OGUNYE ZONE
11. 11-OjoduINJ-T1-Ojodu Ikeja ISHERI ROAD, OGUNNUSI STREET, AINA STREET, OREMETA STREET
12. 11-Adekunle FajuyiINJ-T1-Isaac John Ikeja ISAAC JOHN ROAD, LADOKE AKINTOLA STREET, OBA DOSUMU STREET, AJISAFE STREET
13. 11-OjoduINJ-T2-Express Ikeja OMOLE ESTATE, PHASE 1, ISERI ROAD, OMOFEDA STREET, BABATUDE LADEGA STREET
14. 11-OgbaINJ-T1-Ijaye Ikeja IJAIYE HOUSING ESTATE, PENCINEMA, OBA OGUNJI ROAD,OGBA, LSDPC ESTATE, AGEGE, DIDEOLU ESTATE, OGBA, IJAIYE MEDIUM ESTATE, AGEGE IJAIYE ROAD, AGEGE, AKILO ROAD, OFF IJAIYE ROAD, DAIRY FARM ESTATE, IJAIYE ROAD
15. 11-OjoduINJ-T2-River Valley Ikeja OMOLE ESTATE, PHASE 1, ISERI ROAD, OMOFEDA STREET, BABATUDE LADEGA STREET
16. 11-MarylandINJ-T1-PTC Ikeja IKORODU ROAD, EMMANUEL STREET, MARYLAND, ADEREBIGBE SHITTA STREET, TOLA ADEWUNMI CRESCENT, WASINMI STREET, MOBOLAJI BANK ANTHONY WAY, SHONIBARE ESTATE, G.CAPPA ESTATE, MARYLAND CRESCENT
17. 11-OgbaINJ-T1-Isokoko Ikeja ADEYEMI STREET, OGBA, AJIGBOTINU STREET, OJOKORO, AGEGE, SHIABA STREET, AGEGE, OLUSEYE-ARE STREET, ABIOLA MODEL MARKET, OGBA
18. 11-Adeniyi JonesINJ-T1-Adeniyi Jones Ikeja ADENIYI JONES STREET, ADEKUNLE FAJUYI CRESCENT, ALLI BALOGUN STREET, AKINOLA COLE CRESCENT, LADIPO OLUWOLE STREET, ASHOGBON STREET
READ THE FULL STORY IN VANGUARD
