FG increases prices of electricity meters

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021.

It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and 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 end-use meters under the Meter Asset Provider and National Mass Metering Regulations’.

READ ALSO Liverpool star Mohamed Salah named Premier League Player of the Month award for October

In the document, the regulator raised the price of a single-phase meter from the current cost of N44,896.17 to a revised price of N58,661.69.

It also increased the price of a three-phase meter from the current cost of N82,855.19 to a revised rate of N109,684.36.

Related Posts

Abba Kabir Yusuf’s Governance Reset: How Kano Is Charting a New Course

Since assuming office, Governor Abba Kabir Yusuf has pursued an ambitious agenda aimed at redefining governance in Kano State through people-focused policies anchored on education, healthcare, infrastructure and security.  …

Oyebanji Hails New EFCC Directorate, Says It Will Boost Access to Justice in Ekiti and Ondo

Governor Biodun Oyebanji has said the establishment of the new Economic and Financial Crimes Commission (EFCC) directorate will ease the burden previously faced by residents of Ekiti and Ondo states…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Abba Kabir Yusuf’s Governance Reset: How Kano Is Charting a New Course

Abba Kabir Yusuf’s Governance Reset: How Kano Is Charting a New Course

Oyebanji Hails New EFCC Directorate, Says It Will Boost Access to Justice in Ekiti and Ondo

Oyebanji Hails New EFCC Directorate, Says It Will Boost Access to Justice in Ekiti and Ondo

Nigeria’s Petrol Imports Hit Four-Month High as Dangote Refinery Maintenance Disrupts Local Supply

Nigeria’s Petrol Imports Hit Four-Month High as Dangote Refinery Maintenance Disrupts Local Supply

AICFF 2026 Closes Landmark Debut with Call for Christian Creatives to Reclaim African Storytelling

AICFF 2026 Closes Landmark Debut with Call for Christian Creatives to Reclaim African Storytelling

Poverty Is Not Nigeria’s Destiny” — Adewole Adebayo Blames Failed Leadership, Urges Nigerians to Embrace SDP

Poverty Is Not Nigeria’s Destiny” — Adewole Adebayo Blames Failed Leadership, Urges Nigerians to Embrace SDP

INEC to Issue Candidate Nomination Portal Access Codes to Political Parties June 26

INEC to Issue Candidate Nomination Portal Access Codes to Political Parties June 26