The monthly spending of the Federal Government on electricity subsidy obligation has reached N1.91tn in the first 11 months of 2024, a new report by the Nigerian Electricity Regulatory Commission has ...
Despite federal government owing over N4trn to electricity utility companies, subsidy payment for electricity consumed in the first half of 2025 has increased to N1.186trn, analysis of monthly Multi ...
Nigeria’s electricity subsidy surged to N1.477 trillion in the first nine months of 2024, reflecting a significant increase amid ongoing economic challenges. The third-quarter 2024 report by the ...
The Nigerian Electricity Regulatory Commission, on Wednesday, released the 2024 electricity tariffs which showed that the Federal Government is to shoulder about N1.6tn subsidy this year to avert ...