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According to him, the measure was proposed by the MSP and MAP and endorsed by NERC, after proper consideration, adding that before now, the meter manufacturers had called for the upward review of meter prices to reflect current forex and inflation rates within seven days to prevent market shutdown.
Electricity: Forex crisis, inflation drive up meter prices by 80% —Investigation vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Nigeria: Electricity - Forex Crisis, Inflation Drive Up Meter Prices By 80 Percent - -Investigation allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.