Editorial
No To Electricity Meter Price Hike
The Nigerian Electricity Regulatory Commission (NERC) has approved a 40 per cent increase in the prices of all classes of electricity meters, following a previous review in November 2021 that had already raised costs by 30 per cent. As a result, the price of a single-phase meter rose from N44,896.17 to N58,661.69, and the price of a three-phase meter increased from N82,855.19 to N109,684.36.
In a circular dated September 5, 2023, signed by the Chairman, Sanusi Garba and Commissioner of Legal, Licensing, and Compliance, Dafe Akpeneye, the commission announced higher prices for single-phase and three-phase prepaid meters. The new cost of a single-phase prepaid meter is N81,975.16k, up from N58,661.69k, while a three-phase prepaid meter now costs N143,836.10k, previously N109,684.36k.
NERC has based its decision to increase meter prices on the changes in macroeconomic indicators, such as inflation and changes in foreign exchange rates. The commission emphasised that the approved prices for metres do not include the 7.5 per cent Value Added Tax (VAT). It said this new price regime aims to establish a fair and reasonable pricing structure for both Meter Asset Providers (MAPs) and end-use customers.
The regulatory body has provided further clarification on the price adjustment, emphasising the need for an equitable and sensible meter pricing system that benefits both Meter Asset Providers (MAPs) and end-user customers. The objective, according to NERC, is to ensure that MAPs can recover reasonable costs associated with meter procurement and maintenance, while also allowing for a viable return on investment.
In June this year, local meter manufacturers in Nigeria announced a growth in the industry, with the number of companies increasing from 13 to 43. This expansion has led to a corresponding rise in manufacturing capacity, officially assessed at 4.9 million meters per year. However, the Meter Manufacturers and Assemblers Association of Nigeria (MMAAN) has called upon the government to further support and intervene in the sector to enhance production.
We vehemently oppose the recent hike in the cost of electricity meters amid the financial struggles faced by a majority of Nigerians. This increase is yet another hurdle for the already struggling working class and poor citizens, pushing them further into poverty. The hike will harm the livelihoods of many, as increased prices will cause further strain on already stretched budgets. Electricity meter prices should remain stable and accessible to all citizens, regardless of their income level.
We urge the Nigerian government to reconsider its current policies and instead focus on implementing measures that will benefit the majority of its citizens, especially those who are struggling to make ends meet. Unfortunately, this decision is unlikely to improve the longstanding challenges in the power sector, including metering gaps and unstable supply. NERC has acknowledged that the high tariffs are a leading cause of the country’s metering gap, which currently exceeds 60 per cent.
That is why the government and the regulators should implement measures to address the metering gap without transfering the burden on consumers, improve power supply, and reduce electricity tariffs. As the regulator, NERC must assess metre prices in relation to the inflation rate to ensure sustainability. Arbitrary increases would hinder the government’s goal of closing the metering gap by reducing demand. Therefore, NERC needs to reintroduce instalment payment options.
Metering is critical in electricity distribution and is solely the responsibility of the Electricity Distribution Companies (DisCos). The meter is an asset that enables the DisCos to operate efficiently. Thus, it is unfair and unacceptable to incumber consumers with meter provision. They should not be taken advantage of. Regrettably, NERC has consistently favoured operators over vulnerable consumers, increasing cost without improving service delivery.
The last tariff increase aimed to enhance service quality, but it remains uncertain if any actual improvements were achieved. Consumers were grouped into various categories based on promised hours of electricity supply, yet many did not receive the specified amount. Despite the DisCos’ inability to meet their supply targets, NERC took no action against them. Instead, the commission approved a new tariff for the DisCos, seemingly disregarding their failure to meet supply demands.
Furthermore, individuals and communities have been investing in their infrastructure by purchasing transformers, cables, poles, and other equipment, but they are not being refunded by the DisCos or NERC. This lack of accountability and failure to address consumer concerns raise serious doubts about the effectiveness of the current regulatory framework in the electricity sector.
Recent research has unveiled some concerning findings regarding Nigeria’s electricity sector. In the first quarter of 2023, the country had a total of 12,378,243 registered electricity customers. However, only 5,360,434 of them had access to metered electricity, leaving over seven million customers reliant on estimated billing. This situation raises serious concerns about the accessibility of electricity for Nigerians.
With a population of over 200 million, the number of registered electricity consumers indicates a low percentage of people connected to the power grid. Consequently, any increase in meter prices would further exacerbate the difficulties faced by Nigerians in accessing reliable and affordable electricity. The government and relevant stakeholders must address this issue promptly and find sustainable solutions that prioritise the needs of the population.
There is a pressing need for NERC to end estimated billing by compelling the DisCos to provide meters for every consumer. This approach is the most appropriate way forward, instead of overburdening consumers with additional costs for meters that should be the statutory responsibility of the DisCos. By ensuring that every consumer has access to a meter, NERC can bring about a fair and transparent billing system, eliminating the arbitrary estimation of electricity usage.
Editorial
No To Political Office Holders’ Salary Hike
Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has unveiled a gratuitous proposal to increase the salaries of political and public office holders in the country. This plan seeks to fatten the pay packets of the president, vice-president, governors, deputy governors, and members of the National and State Assemblies. At a time when the nation is struggling to steady its economy, the suggestion that political leaders should be rewarded with more money is not only misplaced but insulting to the sensibilities of the ordinary Nigerian.
What makes the proposal even more opprobrious is the dire economic condition under which citizens currently live. The cost of living crisis has worsened, inflation has eroded the purchasing power of workers, and the naira continues to tumble against foreign currencies. The majority of Nigerians are living hand to mouth, with many unable to afford basic foodstuffs, medical care, and education. Against this backdrop, political office holders, who already enjoy obscene allowances, perks, and privileges, should not even contemplate a salary increase.
It is, therefore, not surprising that the Socio-Economic Rights and Accountability Project (SERAP) has stepped in to challenge this development. SERAP has filed a lawsuit against the RMAFC to halt the implementation of this salary increment. This resolute move represents a voice of reason and accountability at a time when public anger against political insensitivity is palpable. The group is rightly insisting that the law must serve as a bulwark against impunity.
According to a statement issued by SERAP’s Deputy Director, Kolawole Oluwadare, the commission has been dragged before the Federal High Court in Abuja. Although a hearing date remains unconfirmed, the momentous step of seeking judicial redress reflects a determination to hold those in power accountable. SERAP has once again positioned itself as a guardian of public interest by challenging an elite-centric policy.
The case, registered as suit number FHC/ABJ/CS/1834/2025, specifically asks the court to determine “whether RMAFC’s proposed salary hike for the president, vice-president, governors and their deputies, and lawmakers in Nigeria is not unlawful, unconstitutional and inconsistent with the rule of law.” This formidable question goes to the very heart of democratic governance: can those entrusted with public resources decide their own pay rises without violating the constitution and moral order?
In its pleadings, SERAP argues that the proposed hike runs foul of both the 1999 Nigerian Constitution and the RMAFC Act. By seeking a judicial declaration that such a move is unlawful, unconstitutional, and inconsistent with the rule of law, the group has placed a spotlight on the tension between self-serving leadership and constitutionalism. To trivialise such an issue would be harum-scarum, for the constitution remains the supreme authority guiding governance.
We wholeheartedly commend SERAP for standing firm, while we roundly condemn RMAFC’s selfish proposal. Political office should never be an avenue for financial aggrandisement. Since our leaders often pontificate sacrifice to citizens, urging them to tighten their belts in the face of economic turbulence, the same leaders must embody sacrifice themselves. Anything short of this amounts to double standards and betrayal of trust.
The Nigerian economy is not buoyant enough to shoulder the additional cost of a salary increase for political leaders. Already, lawmakers and executives enjoy allowances that are grossly disproportionate to the national average income. These earnings are sufficient not only for their needs but also their unchecked greed. To even consider further increments under present circumstances is egregious, a slap in the face of ordinary workers whose minimum wage remains grossly insufficient.
Resources earmarked for such frivolities should instead be channelled towards alleviating the suffering of citizens and improving the nation’s productive capacity. According to United Nations statistics, about 62.9 per cent of Nigerians were living in multidimensional poverty in 2021, compared to 53.7 per cent in 2017. Similarly, nearly 30.9 per cent of the population lives below the international poverty line of US$2.15 per day. These figures paint a stark picture: Nigeria is a poor country by all measurable standards, and any extra naira diverted to elite pockets deepens this misery.
Besides, the timing of this proposal could not be more inappropriate. At a period when unemployment is soaring, inflation is crippling households, and insecurity continues to devastate communities, the RMAFC has chosen to pursue elite enrichment. It is widely known that Nigeria’s economy is in a parlous state, and public resources should be conserved and wisely invested. Political leaders must show prudence, not profligacy.
Another critical dimension is the national debt profile. According to the Debt Management Office, Nigeria’s total public debt as of March 2025 stood at a staggering N149.39 trillion. External debt obligations also remain heavy, with about US$43 billion outstanding by September 2024. In such a climate of debt-servicing and borrowing to fund budgets, it is irresponsible for political leaders to even table the idea of inflating their salaries further. Debt repayment, not self-reward, should occupy their minds.
This ignoble proposal is insensitive, unnecessary, and profoundly reckless. It should be discarded without further delay. Public office is a trust, not an entitlement to wealth accumulation. Nigerians deserve leaders who will share in their suffering, lead by example, and prioritise the common good over self-indulgence. Anything less represents betrayal of the social contract and undermines the fragile democracy we are striving to build.
Editorial
No To Political Office Holders’ Salary Hike
Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has unveiled a gratuitous proposal to increase the salaries of political and public office holders in the country. This plan seeks to fatten the pay packets of the president, vice-president, governors, deputy governors, and members of the National and State Assemblies. At a time when the nation is struggling to steady its economy, the suggestion that political leaders should be rewarded with more money is not only misplaced but insulting to the sensibilities of the ordinary Nigerian.
What makes the proposal even more opprobrious is the dire economic condition under which citizens currently live. The cost of living crisis has worsened, inflation has eroded the purchasing power of workers, and the naira continues to tumble against foreign currencies. The majority of Nigerians are living hand to mouth, with many unable to afford basic foodstuffs, medical care, and education. Against this backdrop, political office holders, who already enjoy obscene allowances, perks, and privileges, should not even contemplate a salary increase.
It is, therefore, not surprising that the Socio-Economic Rights and Accountability Project (SERAP) has stepped in to challenge this development. SERAP has filed a lawsuit against the RMAFC to halt the implementation of this salary increment. This resolute move represents a voice of reason and accountability at a time when public anger against political insensitivity is palpable. The group is rightly insisting that the law must serve as a bulwark against impunity.
According to a statement issued by SERAP’s Deputy Director, Kolawole Oluwadare, the commission has been dragged before the Federal High Court in Abuja. Although a hearing date remains unconfirmed, the momentous step of seeking judicial redress reflects a determination to hold those in power accountable. SERAP has once again positioned itself as a guardian of public interest by challenging an elite-centric policy.
The case, registered as suit number FHC/ABJ/CS/1834/2025, specifically asks the court to determine “whether RMAFC’s proposed salary hike for the president, vice-president, governors and their deputies, and lawmakers in Nigeria is not unlawful, unconstitutional and inconsistent with the rule of law.” This formidable question goes to the very heart of democratic governance: can those entrusted with public resources decide their own pay rises without violating the constitution and moral order?
In its pleadings, SERAP argues that the proposed hike runs foul of both the 1999 Nigerian Constitution and the RMAFC Act. By seeking a judicial declaration that such a move is unlawful, unconstitutional, and inconsistent with the rule of law, the group has placed a spotlight on the tension between self-serving leadership and constitutionalism. To trivialise such an issue would be harum-scarum, for the constitution remains the supreme authority guiding governance.
We wholeheartedly commend SERAP for standing firm, while we roundly condemn RMAFC’s selfish proposal. Political office should never be an avenue for financial aggrandisement. Since our leaders often pontificate sacrifice to citizens, urging them to tighten their belts in the face of economic turbulence, the same leaders must embody sacrifice themselves. Anything short of this amounts to double standards and betrayal of trust.
The Nigerian economy is not buoyant enough to shoulder the additional cost of a salary increase for political leaders. Already, lawmakers and executives enjoy allowances that are grossly disproportionate to the national average income. These earnings are sufficient not only for their needs but also their unchecked greed. To even consider further increments under present circumstances is egregious, a slap in the face of ordinary workers whose minimum wage remains grossly insufficient.
Resources earmarked for such frivolities should instead be channelled towards alleviating the suffering of citizens and improving the nation’s productive capacity. According to United Nations statistics, about 62.9 per cent of Nigerians were living in multidimensional poverty in 2021, compared to 53.7 per cent in 2017. Similarly, nearly 30.9 per cent of the population lives below the international poverty line of US$2.15 per day. These figures paint a stark picture: Nigeria is a poor country by all measurable standards, and any extra naira diverted to elite pockets deepens this misery.
Besides, the timing of this proposal could not be more inappropriate. At a period when unemployment is soaring, inflation is crippling households, and insecurity continues to devastate communities, the RMAFC has chosen to pursue elite enrichment. It is widely known that Nigeria’s economy is in a parlous state, and public resources should be conserved and wisely invested. Political leaders must show prudence, not profligacy.
Another critical dimension is the national debt profile. According to the Debt Management Office, Nigeria’s total public debt as of March 2025 stood at a staggering N149.39 trillion. External debt obligations also remain heavy, with about US$43 billion outstanding by September 2024. In such a climate of debt-servicing and borrowing to fund budgets, it is irresponsible for political leaders to even table the idea of inflating their salaries further. Debt repayment, not self-reward, should occupy their minds.
This ignoble proposal is insensitive, unnecessary, and profoundly reckless. It should be discarded without further delay. Public office is a trust, not an entitlement to wealth accumulation. Nigerians deserve leaders who will share in their suffering, lead by example, and prioritise the common good over self-indulgence. Anything less represents betrayal of the social contract and undermines the fragile democracy we are striving to build.
Editorial
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