The cost of Electricity in Nigeria. What would you pay to have 24 hours of power?
I asked some of my Facebook friends to tell me what they would pay for clean uninterrupted electricity.
One of the answers was up to 50% above the current rate. Another said he paid N13000 per month for less than 12 hours a day. There were days he did not have electricity. He felt that for 24 hours a day the going rate should be N5-10,000 per month. I asked if he was willing to pay N750 per day. He said no. We did the math and he is currently paying over N800 per day.
So I want to ask you my wider audience. What would you pay daily for 24 hours of clean uninterrupted electricity in Nigeria?
Official Electricity Tariffs / Rates in Nigeria
One of the answers was up to 50% above the current rate. Another said he paid N13000 per month for less than 12 hours a day. There were days he did not have electricity. He felt that for 24 hours a day the going rate should be N5-10,000 per month. I asked if he was willing to pay N750 per day. He said no. We did the math and he is currently paying over N800 per day.
So I want to ask you my wider audience. What would you pay daily for 24 hours of clean uninterrupted electricity in Nigeria?
Official Electricity Tariffs / Rates in Nigeria
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