Electricity Distribution Companies in Nigeria, widely known as DisCos, announced an increase in prices for electricity meters, which started on November 5, 2024. The development which makes it the second price hike in just four months, puts the cost of a single-phase meter, a common type for household use, now ranging from about N117,000 to as much as N149,800, depending on the DisCo and vendor. The price for the three-phase meter, which is often used for larger homes or commercial buildings, has also seen a rise, although specific figures were…
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