Nigerian Government has declared its intention to increase the purchase price of both single and three-phase electricity meters beginning from Monday November 15, 2021.
In a circular released on Thursday November 11, 2021, and authorized by the Nigerian Electricity Regulatory Commission ( NERC ) the price of a single-phase meter has now been put to a new price of N58,661.69 as against the old price of N44,896.17 .
While the three-phase meter now cost N109,684.36 as against its old purchasing price of N82,855.19