electricity subsidy
FG Approves 50% Electricity Subsidy for Public Hospitals, Universities, Polytechnics
Dr. Alausa stated that the electricity subsidy, approved by President Bola Ahmed Tinubu, aims to alleviate the financial burden of energy costs on public healthcare and educational institutions
Kaduna, Nigeria — The Federal Government has approved a 50% electricity subsidy … Continue Reading
IMF Urges Nigerian Government to End Electricity Subsidies
The International Monetary Fund (IMF) has issued a stern warning to the Nigerian government, urging it to eliminate what it termed implicit fuel and electricity subsidies.
In a recent report, the IMF highlighted that these subsidies would … Continue Reading
FG Plans to Redirect N1 Trillion Electricity Subsidy Savings to Social Services
The Federal Government is poised to channel approximately N1 trillion in savings from the removal of electricity subsidy to bolster social services and enhancing power supply nationwide.
The announcement was made by the Minister of Information, Mohammed Idris, during … Continue Reading
Federal Government to Extend Electricity Subsidy Amid Economic Challenges, Confirms NERC Chairman
In a press conference held in Abuja on Wednesday, Mr. Sanusi Garba, the Chairman of the Nigerian Electricity Regulatory Commission (NERC), declared the government’s ongoing commitment to subsidizing electricity to alleviate financial hardships faced by Nigerians amidst economic difficulties.
Garba … Continue Reading