Stella Dimoko Korkus.com: Nigerians To Pay More For Electricity Meters As NERC Approves Price Deregulation

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Tuesday, April 30, 2024

Nigerians To Pay More For Electricity Meters As NERC Approves Price Deregulation

The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the Meter Asset Provider (MAP) Scheme. This change will be effective from May 1, 2024.


The new order introduces a competitive bidding process, allowing customers to choose from a variety of authorized vendors2. This shift from the previously regulated pricing structure is expected to foster transparency and reduce prices, as customers will have the freedom to select their preferred meter providers among those authorized under the scheme.

However, this deregulation implies that Nigerians will have to pay more to get electricity meters. Previously, customers were paying CAP prices of N81,975.16 and N143,836.16 for single and three-phase meters, respectively. Now, the prices will be determined by the meter providers.

12 comments:

  1. Ontop the more we are already paying? What have we done to these people??? Kuku kee us nau

    ReplyDelete
  2. This na Temptation it can lead to confusion, Imagination ..🚢‍♂️🚢‍♂️

    ReplyDelete
  3. Can you imagine?? So the various providers of the meter can decide to unite and sell at a high price and nothing will happen. As in the government can give license to their private electrical companies and have those same companies extort from the poor masses through the high price of these meters and nothing will happen. Lol.
    Anybody who lives with their family in a working country abroad, and enjoys the dividends of a good government but yet supports that evil government in Nigeria and what they are doing to nigerians will face God’s judgement one day.

    ReplyDelete
  4. Chika(hello iya boys)30 April 2024 at 10:46

    God will help more and more ooπŸ™πŸ™πŸ™

    ReplyDelete
  5. Government are frustrating its people, we are all tired. To what end are we going to keep suffering like this.
    Them say when u pursue goat, e go later bounce back, I hope it won't get to that one day.

    ReplyDelete
  6. God have mercy πŸ™πŸΏπŸ™πŸΏπŸ™πŸΏ

    ReplyDelete
  7. They're not done with us yet.

    ReplyDelete
  8. What exactly does the government provide for its citizens? You build ur house, u contribute to make ur road manageable, u contribute for transformer, u contribute to buy pole and wire and then u still buy ur meter urself. God forbid bad thing! And na that country person wan dey compare with Portugal. Tufia!

    ReplyDelete
  9. Get solar appliances and leave their meters, fuel and electricity for them.

    ReplyDelete
  10. I don't even understand,why isn't the government letting us breath?Under one year reign so many increments in every thing and non is favoring us.

    ReplyDelete

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