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FG Increases Price Of Electricity Meters

FG Increases Price Of Electricity Meters
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From N58k to N81k — NERC approves price increase of prepaid meters

The Nigerian Electricity Regulatory Commission (NERC) has ordered the increase in the prices of single-phase and three-phase pre-paid electricity meters.

Nigerian Electricity Commission, NERC Approves Increment In Prices Of Prepaid Metres

The President Bola Tinubu-led Nigerian government through the Nigerian Electricity Regulatory Commission (NERC) has approved price increase of prepaid electricity meters across the country. This was made known in a circular dated September 5, 2023 and signed by the commission’s Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye. The circular stated that a single phase prepaid meter would now cost N81,975.16 from N58,661.69 while three phase prepaid meters has been increased to N143,836.10 from N109,684.36, Daily Trust reports.

FG Hikes Prices Of Electricity Metres

FG Hikes Prices Of Electricity Metres
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