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FG increases price of meters by 145% in 3 years

N491.8bn needed to provide 6m meter shortfall   The federal government, through the Nigerian Electricity Regulatory Commission (NERC), increased the price of single-phase and three-phase pre-paid twice between 2021 and 2023 jerking up their prices by 83 per cent and 145 per cent, respectively. Daily Trust reports that the increase affected the Meters Asset Provider…

Make meters available - Daily Trust

The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of a 40% increase in the price of single-phase prepaid meters from the previous N58,661.69 to N81,975.16. In the same vein, the price of three-phase smart prepaid meters rose by 31% from N109,684.36 to N143,836.10. This is even as Nigerians continue to encounter difficulty accessing…

Nigerians bear N1tr metering burden as CBN, W Bank backpedal  | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News

Nigerians bear N1tr metering burden as CBN, W Bank backpedal  | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

FG should end regulation of meter prices to ensure availability

Engr Ademola Isaac Agoro is the Acting President, Meter Manufacturers and Assemblers Association of Nigeria (MMAAN). In this interview with Daily Trust, he says the World Bank’s meter project is bad for Nigeria and calls for ending the regulation of meter prices to make them available to electricity consumers.   Your association has expressed serious…

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