Ikeja Electric has provided a critical update on the pricing for its Band A feeders.

 

“Effective May 6th, 2024, we will undertake a downward tariff review, cutting the rate from N225/kWh to N206.80/kWh.

 

“This modification comes with the certainty of continuing availability, ensuring that you have access to energy for 20-24 hours each day. We stay devoted to offering dependable service that meets your requirements.

 

“It’s important to note that the tariffs for Bands B, C, D, and E will remain unchanged at this time,” the electricity company stated.

 

Meanwhile, despite the two-week request issued by the Trade Union Congress calling for the hike reversal, the Nigerian government has said there is no going back on the recent electricity tariff hike.

 

The spokesperson for the Ministry of Power, Florence Eke, made this known in a statement on Sunday while reacting to organized Labour’s ultimatum.

 

She said the justification the Minister of Power, Adebayo Adelabu, had given to the Senate public hearing last week remained valid.

 

She said the government was “not toeing the path of trade unions” on the issue of electricity tariffs.

 

However, on Sunday, the Trade Union Congress insisted on the two-week ultimatum the organized Labour gave the federal government to reverse the tariff.