Connect with us

Hi, what are you looking for?

News

FG Hikes Prices of Electricity Meters Effective Today

Federal government has increased the cost of both single-phase and three-phase electricity meters, effective November 15, 2021.

The development is contained in a circular dated November 11, 2021 by the Nigerian Electricity Regulatory Commission (NERC) and addressed to managing directors, all electricity distribution companies and all meter asset providers.

According to the circular, with reference number NERC/REG/MAP/GEN/751/2, the price of a single-phase meter has increased from the current cost of N44,896.17 to N58,661.69, while the price of a three-phase meter has increased from N82,855.19 to N109,684.36.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

advert
ad

You May Also Like

Business

Guinness has announced it will exit the Nigerian market and sell off its controlling shares to Singaporean conglomerate Tolaram Group on Tuesday, June 11....

World

U.S. president, Joe Biden’s son has been found guilty of illegally buying a gun after hiding his drug use. Hunter Biden, 54, was convicted...

Tech

The total domain names of the .ng registry have increased to 225,533, according to data made available by the Nigeria Internet Registration Association (NiRA)....

News

Fidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257...