The federal government has through the Nigerian Electricity Regulatory Commission (NERC) announced that the cost of electricity meters will increase from November 15.
This was revealed in a circular issued to managing directors, all electricity distribution companies and all meter asset providers.
According to NERC, the price of a single-phase electricity meter will be raised from the recent cost of N44,896.17 to a revised price of N58,661.69.
It was also revealed that the price of a three-phase meter will be raised from the recent cost of N82,855.19 to a revised rate of N109,684.36.
ALSO READ: Physically challenged lady sets social media abuzz as she marries her handsome lover [PHOTOS]
