POWER SECTOR CRISES: Band regime collapses, DisCos miss delivery targets Nigeria’s electricity Band

POWER SECTOR CRISES: Band regime collapses, DisCos miss delivery targets Nigeria’s electricity Band classification regime is fast unraveling, as power supply across major cities falls significantly below promised levels, leaving consumers paying more for less. Findings by  Financial Vanguard  show that many feeders in Lagos, Abuja, Port Harcourt and Calabar now deliver far below the minimum hours stipulated under the Nigerian Electricity Regulatory Commission, NERC’s Band system. Under the policy, Band A customers are entitled to at least 20 hours of electricity daily, Band B 16 hours, Band C 12 hours, while Bands D and E get 8 hours and 4 hours respectively. However, consumer diaries compiled by Financial Vanguard in Lagos, Abuja, Port Harcourt, Calabar and others indicate a wide gap between policy and reality...