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New Electricity Meter Prices Take Effect, Today
Effective today, Nigerians would have to pay more to have both single-phase and three-phase meters in their houses.
At present, there are about six million un-metred individual and business electricity consumers in the country.
A circular dated November 11, 2021, by the Nigerian Electricity Regulatory Commission (NERC) showed that the hike in prices takes effect on Monday, November 15, 2021.
The circular, with reference number NERC/REG/MAP/GEN/751/2, entitled ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations,’ was addressed to managing directors, all electricity distribution companies and all meter asset providers.
The regulator increased the price of a single-phase meter from the current cost of N44,896.17 to N58,661.69.
Also, it hiked the price of a three-phase meter from the current cost of N82,855.19 to N109,684.36.
The hike excludes the 7.5percent Value Added Tax (VAT) the electricity distribution companies (DisCOs) are expected to add to the new price at the point of purchase.
Meanwhile, experts in the electricity industry, at the weekend, berated the Nigerian Electricity Regulatory Commission (NERC) for hiking the price of meters, while suggesting that the commission go back to Credit Advanced Payment for Metering Initiative (CAPMI).
CAPMI, they opined, allows consumers who are non-investors, non-stakeholders to buy meter with any amount of money.
“If they buy the meter the government will give them a token with interest”, they maintained.
In his remarks, President, Nigerian Consumer Protection Network and member, Presidential Ad-hoc Committee on the Review of Electricity Tariff in Nigeria, Kunle Olubiyo, described the electricity sector as a ship without a captain.
“The challenge we have is lack of regulatory certainty. The regulator has eloped and abandoned his ship. When you have a regulator jumping overboard a ship, the ship will capsize. The regulator chose to abandon the ship. So, that is just what happened.
The captain of the ship has been missing. The regulatory ecosystem lacks some powers mainly because we have two metering schemes running side by side. The Meter Asset Provider (MAP) went to court because they have made a lot of investment and now we have the National Mass Metering Programme (NMMP) which has just exhausted its meters and it is expected to move to phase one. The gap between the migration from Zero Phase to Phase One is 8million to 10million. This is of public concern. It is not expected that there would be a vacuum in transition. If there is no vacuum in the supply chain and funding chain nobody will know the difference. But to us now, MAP licensees have refused to supply because of distortions in exchange rate volatility and other market variables. You know our economy is petro-dollar driven.
“As we speak there is a supply vacuum between Zero Phase and Phase One. If it is increased, we are saying that the government should go back to take a look at the Credit Advanced Payment for Metering Initiative (CAPMI) which allows consumers who are non-investors, non-stakeholders to buy metre at any amount of money. If they buy the metre the government will give them a token with interest”, he submitted.
However, President General, Coalition of South-East Youth Leaders, Hon. Goodluck Ibem, posited that the increase would inflict more hardships on Nigerian electricity consumers, adding that Nigerians are still grappling with the hike in gas price.
“The increase in metre price will bring more hardships to the consumers.
“As we speak, the masses are still trying to come to terms with the increase in the price of gas.
“Another source of energy which is electricity will cause more hardships. The prices of things are on the increase on daily basis and Nigerians are suffering and some people are dying out of hardship”, he noted.
Rivers State Governor, Sir Siminalayi Fubara, has demanded quick and full resolution to the challenges arising from the gas leakage that occurred in Bille, Degema Local Government Area of the State.
The governor has also pledged to upgrade the Primary Healthcare Centre (PHC) in Bille with a view to addressing the health challenges confronting the community.
Fubara made the pledge on Wednesday at the Government House, Port Harcourt during an enlarged meeting of key stakeholders, comprising representatives of the Federal Government, the state government and leaders of the community.
The meeting was held to review the situation in the community and explore available opportunities to save the people from the adverse impacts of environmental pollution.
Addressing the journalists at the end of the meeting, the governor acknowledged the determination of the Federal Government and its agencies to get to the root cause of the problem in Bille and ensure that it is resolved permanently.
“The meeting is in respect of the situation in Bille. You’re aware that there is a case of gas leakage somewhere in Bille and the people have been making some requests that the government should come to their rescue to resolve the situation.
“As a state, we have gone to see the situation in the community, not alone but in conjunction with the industry operators and officials of the Federal Ministry of Petroleum Resources. What we are doing today is an enlarged meeting where all the parties are sitting together to look at the cause of the issue and the most possible way to get the problem resolved,” he said.
Fubara described the outcome of the meeting as successful, stressing that more action would be taken in the next couple of weeks to ensure that the issue is fully resolved.
The Minister of State, Petroleum Resources (Gas), Hon Ekperikpe Ekpo, who led the Federal Government’s delegation to the meeting, expressed appreciation to the governor for his warm hospitality and efforts to address the challenge in Bille community.
Ekpo explained that contrary to the perception in certain quarters, the Federal Government has not been silent over the “gas seepage” but has been working tirelessly towards finding a sustainable solution.
The minister explained that as soon as the incident was reported, the Federal Government deployed experts to the area to understudy the cause of the problem.
According to him, it was difficult at first to understand the cause of the problem since there were no oil or gas infrastructure within the vicinity of the incident, hence the need to conduct a more detailed investigation.
“The investigation is still going but we decided to do a follow-up visit to the area to talk to the people of Bille Community that we need collaboration on their part so that we would be able to arrive at a lasting solution.
“The safety of the people is paramount. We can understand their anxiety, the worry and the danger that this thing poses within the area, but the Federal Government is committed to finding a lasting solution to the problem. The primary responsibility of government is to take care of the welfare and security of the people and that is exactly why we are here to go and see things for ourselves,” he said.
The Chief Executive Officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, also explained that as the regulatory agency at the centre of the issue, no effort will be spared in the task of resolving the issue.
Eyesan pledged that the NUPRC and operators in the industry were prepared to address the requests of the impacted people in terms of the provision of potable water and fire trucks to the community.
The Public Relations Officer, Council of Chiefs, Bille Kingdom, Chief Rena Dappa, had during the meeting, presented the challenges facing the community and pleaded for government’s support to save the lives and livelihoods of the people.
President Bola Tinubu has announced the launch of a training programme for 5,000 young Nigerians as meter installers and technicians under the Presidential Metering Initiative.
The President stated that the scheme is aimed at creating jobs, closing the country’s metering gap and improving electricity supply.
The President disclosed this in a statement on his verified X handle yesterday, describing the initiative, tagged “The Power Force,” as part of his administration’s Renewed Hope Agenda to expand employment opportunities for young people.
According to Tinubu, the programme will equip participants with practical technical skills and connect them to employment opportunities in Nigeria’s power sector.
“Through the Presidential Metering Initiative (PMI), which I established to close Nigeria’s metering gap, end estimated billing, protect consumers and strengthen the electricity market, we are opening a new pathway for 5,000 young Nigerians to be trained as meter installers and technicians under The Power Force. This programme is about jobs, skills and dignity,” he said.
Tinubu said the training would be open to eligible Nigerians who have completed their secondary school education, with a dedicated quota reserved for members of the National Youth Service Corps.
He noted that expanding electricity metering was critical to improving service delivery and promoting transparency in the power sector.
“When homes and businesses are properly metered, Nigerians can pay for what they actually use. When electricity distribution companies collect revenues more transparently and fairly, they are better able to reduce losses, maintain infrastructure, expand connections and invest in better service.
“This is how we build a power sector that is fairer to consumers, stronger for investors and better able to deliver reliable electricity to the Nigerian people,” the President said.
Tinubu said he had directed the Presidential Metering Initiative to work with the Federal Ministry of Youth Development, the National Power Training Institute of Nigeria, and other relevant stakeholders to commence the programme within the next 30 days.
He encouraged qualified young Nigerians to apply, saying the initiative would provide them with marketable skills while supporting efforts to eliminate estimated billing and improve electricity access nationwide.
“I encourage eligible young Nigerians to apply. Join The Power Force. Learn a skill. Earn with dignity. Help us end estimated billing and be part of the work to light up Nigeria,” he added.
The Federal Government has announced that the third evacuation flight for Nigerians voluntarily returning from South Africa will arrive Lagos today having departed Johannesburg at midnight yesterday with 271 returnees on board.
The Ministry of Foreign Affairs disclosed this in a statement issued yesterday by its spokesperson, Mr Kimiebi Imomotimi Ebienfa.
According to the ministry, the Air Peace-operated flight is expected to arrive at the Murtala Muhammed International Airport, Lagos, at about 5:30 a.m. on Friday, July 3, 2026.
It said the evacuation is part of the Federal Government’s ongoing efforts to facilitate the voluntary return of Nigerians from South Africa.
“The third evacuation flight operated by Air Peace will depart Johannesburg today by 12 midnight with 271 returnees. The estimated time of arrival in Lagos is 5:30 a.m. on Friday, July 3, 2026,” the statement read.
The latest batch of returnees follows earlier evacuation flights that brought hundreds of Nigerians back to the country under the Federal Government’s voluntary repatriation programme.