The federal government accumulated N633.30 billion in electricity subsidies in the first quarter of 2024, despite…
Search Results for: electricity subsidy
Higher Tariffs Slash Electricity Subsidies to N1 Trillion
Minister of Power Adebayo Adelabu announced that introducing higher tariffs in Band A has reduced electricity…
States to End Electricity Subsidies, Set Own Tariffs
According to a new document from the Nigeria Governors’ Forum (NGF), state governments across Nigeria plan…
Nigeria’s Electricity Regulatory Autonomy Pause Sparks Debate
Nigeria halted granting states regulatory oversight of electricity markets, emphasising the need for a pilot phase.…
NLC to Protest Against Electricity Tariff Hike on May 13, 2024
Last night, organised labour issued reminder notices for a nationwide protest starting May 13, 2024, against…
NERC Chairman Warns of N3.2 Trillion Subsidy Burden
Sanusi Garba, Chairman of NERC, revealed a potential N3.2 trillion subsidy burden if recent tariff hikes…
FG May Triple Electricity Prices Soon
Sources in the presidency have disclosed that the federal government is planning to almost triple electricity…
Australia to Join Global Clean Energy Subsidy Race – AFR Reports
The Australian Financial Review reported that Australia plans to unveil a range of financial incentives to…
France Cuts 20% EV Subsidy for Higher-Income Buyers
The French government today cut electric vehicle (EV) subsidies for higher-income car buyers by 20 per…
NNPC, IPMAN Clash Over Fuel Subsidy Removal, Project N1,200/litre
The Nigerian National Petroleum Company Limited and fuel marketers, under the aegis of the Independent Petroleum…