The Ikeja Electricity Distribution Company (IE) announced on Monday the addition of 24 new Band A feeders to its network, despite the ongoing nationwide power outage due to the national grid shutdown.
In a statement posted on its X (formerly Twitter) account, the company confirmed the reclassification of these feeders, which will now incur the revised Band A tariff of N206/kWh.
IE stated that this upgrade to Band A was made possible by its ability to ensure at least 20 hours of daily power availability during a performance evaluation period monitored by the Nigerian Electricity Regulatory Commission (NERC).
Currently, Nigeria faces a power outage as the National Labour Congress (NLC) shut down the national grid amid an ongoing industrial action. With the new additions, IE’s total number of Band A feeders has increased to 128.
“Premised on our demonstrated ability to consistently provide a minimum of 20 hours of daily availability during a performance evaluation period monitored by the Regulator, we are pleased to announce that we have obtained approval to add 24 Band A feeders to our network,” the statement read.
