The Nigerian Electricity Regulatory Commission (NERC) has approved an upwards price increase in the price of pre paid electricity meters in the country.

In a circular signed and dated 5 September 2023 by the commission’s Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye, respectively, it stated that a single phase pre paid meter would now cost N81,975.16k from the N58,661.69k while three phase pre paid meters is increased to N143,836.10k from N109,684.36k.

The circular said the new price was to ensure a fair and reasonable pricing of meters to both MAPs and end-use customers.

“Ensure MAP’s ability to recover reasonable costs associated with meter procurement and maintenance while ensuring that their pricing structure allows for a viable return on investment. Evaluate the affordability of meter services for consumers, aiming to prevent excessive pricing that could burden end-users. Ensure that MAPs are able to provide meters to end-use customers in the prevailing economic realities.

abhosts:
Nigerians were buying brand new cars like Hyundai Elantra for ₦3.5m and believing the lies of the likes of Sahara Reporters, that things were bad under PDP. Brand new Hyundai Elantra now costs ₦28m.

Benwallt:


One boy bought two cars in my area yesterday. Stop crying for orders. Go n work

Benwallt:


One boy bought two cars in my area yesterday. Stop crying for orders. Go n work

CodeTemplar:
what if bandits corner him.

stewiepeter:
Look at this bastard, one boy bought two cars, how many you and your papa buy? Idiot

NzogbuNzogbu:
Apc came to kill Nigerians off

We miss the golden years of pdp

Benwallt:


One boy bought two cars in my area yesterday. Stop crying for orders. Go n work

abhosts:
Nigerians were buying brand new cars like Hyundai Elantra for ₦3.5m and believing the lies of the likes of Sahara Reporters, that things were bad under PDP. Brand new Hyundai Elantra now costs ₦28m.

Hezzyluv:
Is only a fool that believes upgrading the prepaid meter is for efficient service delivery .

The new meter would definitely be running

zubby4567:


Aedc come to my gate and knock that they wants to check my meter I told them if u open my Gate I will release my dogs for u and they left quietly..why will dey upgrade my meter when am d one doing everything with my money

Righthussle:
Good development. I love this. This is the kind of news we want to hear. This is good for our economy.


Make i talk like renewed hope people.

Kaycee9242:
Nice one, this is really shege pro max