By Casmir Igbokwe
Former Ekiti State Governor, Ayo Fayose’s brother trended on the social media recently. The outrageous amount of money he pays as electricity tariff every week was the crux of the matter. Some Nigerians apparently thought he was joking in the video where he claimed his weekly electricity bill was N100,000. And this is for three rooms. He said he used to spend this N100,000 in one month.
Fayose is not alone. All electricity consumers on Band A category are feeling the same pinch. Simply put, what they used to spend on electricity in one month is now spent in one week. What happened was that the Federal Government increased electricity tariff for these Band A customers on April 3, 2024. From N68 per kilowatt-hour, the tariff went up to N225 per kWh, an increase of over 200 per cent. These B and A customers reportedly have electricity at least 20 hours in a day. Customers on Band B, C, D and E do not have to worry about the increase in tariff for now as they are not affected in this pilot phase. The plan is to co-opt them into the tariff-hike prison within a period of three years.
