FG to Increases prices of electricity meters

Beginning November 15, 2021, the federal government will raise the price of single-phase and three-phase electricity meters.

The price of a single-phase meter has been increased from the current price of N44,896.17 to a revised price of N58,661.69, according to a circular issued by the Nigerian Electricity Regulatory Commission on November 11, 2021.

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The circular also said that the price of a three-phase meter would moved from N82,855.19 to N109,684.36.