Nigeria increases electricity tariff for premium customers

The Nigerian Electricity Regulatory Commission has increased the tariff for electricity customers under the band A category to 225 naira per kilowatt. Meanwhile, the commission says all electricity distribution companies will start to procure at least 10 per cent of their contracted energy from embedded generation sources, with half coming from renewable sources, by April 1, 2025. George Etomi, Chairman of West Power and Gas, joins CNBC Africa for this discussion.
Wed, 03 Apr 2024 15:00:18 GMT