BREAKING: Nigeria Hikes Electricity Meters’ Prices

The Nigerian Government has hiked the cost of both single-phase and three-phase meters for the about six million un-metered individual and business electricity consumers in the country. Platforms Africa reports that a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission, showed that the hike in prices is beginning from Monday, November 15, 2021. The circular, with reference number NERC/REG/MAP/GEN/751/2, entitled ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations,’ was addressed to managing directors, all electricity distribution…

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