The Muhammadu Buhari-led Federal Government has announced an increase in the price of both single-phase and three-phase electricity meters.
Naija News reports that the increase in meter price would commence from November 15, 2021.
Prepaid meter
The announcement was made in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission, NERC.
The circular was addressed to managing directors, all electricity distribution companies and all meter asset providers.
The circular, with reference number NERC/REG/MAP/GEN/751/2, was entitled ‘Review of the unit price of…
