NERC announces price increase for pre-paid electricity meters in Nigeria+30

NERC has announced an increase in the prices of single-phase and three-phase pre-paid electricity meters in Nigeria. The decision aims to ensure fair pricing for both Meter Asset Providers and consumers. The price of single-phase meters will rise to N81,975.16k, while three-phase meters will increase to N143,836.10k. This move is expected to enable MAPs to recover their costs and promote a viable return on investment.

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