Tag: EnergyCosts
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Meter Price Hike Sparks Consumer Protests as Discos Announce 28% Surge
A steep 28% increase in electricity meter prices by Nigeria’s power distribution companies has triggered widespread protests from consumers and businesses, marking an unprecedented second price adjustment in just four months. This surge pushes single-phase meter costs from N117,000 to N149,800, intensifying financial pressure on households and enterprises across Africa’s largest economy. Consumer Response to…