Electricity Tariff And The Ease Of Doing Business In Nigeria

Project and Seminar Material for Entrepreneurship

Electricity Tariff And The Ease Of Doing Business In Nigeria (By Etubom Smith)


Table of Content


  • Title Page
  • Certification
  • Dedication
  • Acknowledgement
  • Table of Content
  • List of Tables
  • Abstract

Chapter One:

Introduction

  • 1.1 Background of the Study
  • 1.2 Statement of the Problem
  • 1.3 Objective of the Study
  • 1.4 Research Questions
  • 1.5 Research Hypothesis
  • 1.6 Significance of the Study
  • 1.7 Scope of the Study
  • 1.8 Limitation of the Study
  • 1.9 Definition of Terms
  • 1.10 Organisations of the Study

Chapter Two:

Review of Literature

  • 2.1 Conceptual Framework
  • 2.2 Theoretical Framework
  • 2.3 Empirical Review
  • 2.4 Chapter Summary

Chapter Three:

Research Methodology

  • 3.1 Research Design
  • 3.2 Population of the Study
  • 3.3 Sample Size Determination
  • 3.4 Sample Size Selection Technique and Procedure
  • 3.5 Research Instrument and Administration
  • 3.6 Method of Data Collection
  • 3.7 Method of Data Analysis
  • 3.8 Validity of the Study
  • 3.9 Reliability of the Study
  • 3.10 Ethical Consideration

Chapter Four:

Data Presentation and Analysis

  • 4.1 Data Presentation
  • 4.2 Analysis of Data
  • 4.3 Answering Research Questions
  • 4.4 Test of Hypotheses
  • 4.5 Discussion of Findings

Chapter Five:

Summary, Conclusion and Recommendation

  • 5.1 Summary
  • 5.2 Conclusion
  • 5.3 Recommendation
  • 5.4 Suggestion for Further Studies
  • References
  • APPENDIX
  • QUESTIONNAIRE

Electricity Tariff And The Ease Of Doing Business In Nigeria


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Electricity Tariff And The Ease Of Doing Business In Nigeria


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Frequently Asked Questions


What is the electricity tariff structure in Nigeria?

Electricity Tariff Structure In Nigeria Explanations. Electricity consumers in Nigeria are divided into 5 categories, namely, Residential: This category is strictly for residential energy consumers; R1 (life line), R2 (single and three phase), R3 (LV maximum demand), R4 (HV maximum demand)

What is the new tariff system in Abuja?

For your convenience, here’s a summary of the new tariff system Meanwhile, for the monthly fixed charge removal (consumers now pay for only what they consume), residential customers within Abuja Electricity Distribution Company will no longer pay N702.00; instead, their charge will increase by N9.60/kWh.

How much is the new tariff for R2 in Nigeria?

The increase was estimated to be about 45%. Under the new tariff, residential customer category (R2) in the Federal Capital Territory, Niger, Nasarawa and Kogi states, served by the Abuja Electricity Distribution Company (AEDC) franchise that previously paid N14 per kilowatt/hour, will now pay N23.60 per kilowatt/hour.

How has Nigeria made the construction industry easier?

Dealing with Construction Permits: Nigeria (Lagos) made dealing with construction permits less costly by eliminating the Infrastructure Development Charge (IDC, the fee for construction permits) for warehouses. Getting Electricity: Nigeria made getting electricity easier by allowing certified engineers to conduct inspections for new connections. 

What is the 45% electricity tariff increase in Nigeria?

The new electricity tariff increase of 45% was promulgated by the Nigerian Electricity Regulatory Commission (NERC) under the Multi-Year Tariff Order and has been in force since 2016.

What do you mean by electricity tariff?

Electricity Tariffs. Definition: The amount of money frame by the supplier for the supply of electrical energy to various types of consumers in known as an electricity tariff. In other words, the tariff is the methods of charging a consumer for consuming electric power. The tariff covers the total cost of producing and supplying electric energy …

What is the new tariff system in Abuja?

For your convenience, here’s a summary of the new tariff system Meanwhile, for the monthly fixed charge removal (consumers now pay for only what they consume), residential customers within Abuja Electricity Distribution Company will no longer pay N702.00; instead, their charge will increase by N9.60/kWh.

How much is the new tariff for R2 in Nigeria?

The increase was estimated to be about 45%. Under the new tariff, residential customer category (R2) in the Federal Capital Territory, Niger, Nasarawa and Kogi states, served by the Abuja Electricity Distribution Company (AEDC) franchise that previously paid N14 per kilowatt/hour, will now pay N23.60 per kilowatt/hour.

When will electricity tariff increase in Nigeria?

The Federal government has announced another increment of electricity tariff in the country. Approval for the hike in tariff was given by the Nigerian Electricity Regulatory Commission, as the increase which varies, based on different consumer classes, took effect from January 1, 2021.

Will Nigeria go back to service reflective tariff?

The Nigeria Labour Congress had told The PUNCH that the Federal Government would not revert to the September 1, 2020 service reflective tariff that led to a widespread outcry across the country.

How much does it cost per kWh in Abuja?

For Abuja Electricity Distribution Company, a residential customer on single-phase receiving between 12 to 16 hours of supply will now be charged N45.69 per KWh, up from N24.30 per kWh.

When will the revised electricity tariff be implemented?

On November 1, 2020 power distribution companies commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government.

What is the new electricity tariff in Nigeria 2020?

New electricity tariff wit more than 100% increase na im Nigerian must pay from 1 September, 2020. Nigerian Electricity Regulatory Commission (NERC) suddenly increase light bill AKA electricity tariff from 30.23 Naira for one kwh (kilowatt unit of energy per hour) to as much as 62.33 Naira per kwh.

What is the new tariff system in Abuja?

For your convenience, here’s a summary of the new tariff system Meanwhile, for the monthly fixed charge removal (consumers now pay for only what they consume), residential customers within Abuja Electricity Distribution Company will no longer pay N702.00; instead, their charge will increase by N9.60/kWh.

What is an electricity tariff?

Electricity tariff refers to the cost a consumer pays for the availability of electrical power generation to their homes.

Is Nesi cost reflective in Nigeria?

Nigeria President Muhammadu Buhari, on Tuesday, approve di implementation of di cost-reflective electricity tariff for NESI. Di president also approve one-year waiver of 35% import tax on prepaid meters to help increase provision to consumers for accurate billing. 

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