The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.
For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.
Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.
Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.
Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?
