• Fri. Apr 19th, 2024


We Break the News

Power Supply: Pre-Paid Meter Prices to spike up!

The Nigerian Electricity Regulatory Commission (NERC) is currently exploring the possibility of further increases the prices for prepaid meters.

According to a reliable source, “The cost of prepaid meters is going to go up soon. Meter Asset Providers have stop selling new meters as they await NERC to approve new prices.

“New meter applications are not being processed until the price changes are reflected.

So due to FX issues, the meter manufacturers have stopped sending invoices until the meter price is reviewed.” said the source.

News Editor

Our News Editor, Muyiwa is an information management expert and Development Blogger with more than a decade experience in investigative reporting and journalism. He is passionate about human angle stories to all social issues in Nigeria and Africa.