The Nigerian government has approved an upward review in the prices of pre-paid electricity meters in the country.
The approval takes effect from 6 September, the Nigerian Electricity Regulatory Commission (NERC) said Tuesday in a circular jointly signed by the commission’s Chairman, Sanusi Garba, and its Commissioner, Legal, Licencing and Compliance, Dafe Akpeneye.
According to the circular, the price of the single-phase meter (4G, smart) will increase to N81,975.16 from N58,661.6, while the price of a Three-phase meter (4G, smart) was raised from N109,684.36 to N143,836.10.
