Some consumers spoke in separate interviews on Monday, describing the increase as unfair given the country’s harsh economic situation.
The new rate also depends on the distribution company and meter vendors.
The Nigerian Electricity Regulatory Commission says 25,847 metres were installed under the National Mass Metering Programme framework in 2023.
The federal government said Nigeria’s power generation rose to a three-year high of 5,313mw on Monday.
The Nigeria Labour Congress has condemned the latest hike in electricity tariffs instead of a reversal as promised by the federal government.
NERC said the deployment of funds under the MAF scheme would accelerate the deployment of meters and a closure of the current metering gap.
Mr Adullahi said that the MacArthur foundation granted funds to intervene in the electricity sector.
“And so we must make this sector attractive to investors and to lenders.”
He added that as a result of the non-payment of subsidy, gas supply and power generation had continued to dip.
It also directed all electricity distribution companies to provide as much clarity as possible to all affected customers.
