FG increases pre-paid meter prices
Between 2021 and 2023, the Nigerian Electricity Regulatory Commission (NERC) increased the price of single-phase and three-phase pre-paid twice, jerking up their prices by 83 per cent and 145 per cent, respectively. The increase affected the Meters Asset Provider (MAP) scheme which allows for third-party financing of meters across the country, Daily Trust report. The price increase led to single-phase …