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FG increases prices of electricity meters

Starting from November 15, 2021, the federal government will hike the price of single-phase and three-phase power meters.

The price of a single-phase meter has been increased from the present price of N44,896.17 to a revised price of N58,661.69, according to a circular released by the Nigerian Electricity Regulatory Commission on November 11, 2021.

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The circular also said that the price of a three-phase meter will be reduced from N82,855.19 to N109,684.36.

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