News
Ogundu, Ikorodu,17 other areas to benefit from IKEDC Band A feeder
Ikeja Electric Distribution Company has announced the inclusion of 19 additional areas in its Band A feeder, expanding its coverage across Lagos State.
In a circular released on Monday, the company disclosed that these new areas will now join the Band A feeder, bringing the total count to 104.
The circular stated, “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 19 additional Band A feeders to our network.”
The newly included areas are:
1. New Alausa INJ T5 – Alausa
2. New Alausa INJ T6 – Awolowo
3. Oworonshoki TCN – OWORO 3
4. Ogudu INJ T1 – Ogudu
5. Secretariat INJ T1 – Estate
6. New Alausa INJ T6 – Ogundana
7. Magodo INJ T2 – CMD
8. Maryland INJ T3 – Sylvia
9. New Alausa INJ T4 – Oregun
10. Ikorodu TCN – DANGOTE
11. Ogba TCN – SANKYO
12. Ogudu INJ T2 – Alapere
13. Itire INJ T1 – Okota
14. Obawole INJ T1 – Shonubi
15. Obawole INJ T1 – Youdeowei
16. Maryland INJ T2 – GRA
17. Maryland INJ T2 – Ojota
18. Maryland INJ T2 – Westex
19. Isolo TCN – PURE HYGIENE
The Ikeja Electric Distribution Company has previously announced a reduction in electricity tariffs for customers under Band A from N225/kWh to N206.80/kWh.
The announcement, made in a circular signed by the company’s management on Monday, signifies a significant drop in the tariff for Band A customers, who will now pay N206.80/kWh instead of the previously stipulated N225/kWh mandated by the Nigeria Electricity Regulatory Commission.
This announcement comes after the Nigerian Electricity Regulatory Commission approved a significant increase in electricity tariffs for Band A customers back on April 3, 2024.
The tariff for Band A customers had been raised from N68/kWh to N225/kWh, marking a substantial 230.8% increase.
The government defended the tariff hike, citing the need to reduce the heavy subsidy burden on the power sector, which was costing the government over N2.9 trillion annually.
However, the move faced strong criticism from businesses and the public, who argued that it would exacerbate inflation and potentially lead to the closure of many companies.
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