Why NERC deregulated meter prices under the MAP scheme

  • The Nigerian Electricity Regulatory Commission (NERC) has removed the pricing cap placed on pre-paid meters
  • The new directive by NERC allows meter dealers to participate in a bidding process where the consumer chooses the preferred vendor
  • The move will reduce the price of meters as more customers will choose from an array of vendors under the MAP scheme

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the Meter Asset Provider (MAP) scheme for end-users.