Countries could now provide 100 per cent subsidies for sustainable projects. The revised rules will cover…
Search Results for: electricity subsidies
NIGERIA: Richer Households Benefit Most from Government Subsidies – World Bank
Rich households benefit more from subsidy Data sourced from NERC, REA, and NBS Only 22% of…
The Electricity Ponzi Scheme
Ponzi schemes are known to take people’s investments, be it in hope or finances or, as…
NIGERIA: FG to End Subsidies by December 2021
FG to end tariff subsidies Expects tariff collection to hit 100bn in short to medium term…
AfDB Funds $530m Electricity Project to Expand Renewable Energy and Regional Connectivity in Angola
The African Development Bank has committed $530 million to finance the construction of a 343 km,…
FG Insists on Zero Electricity Subsidy in 2021
No subsidy for electricity and PMS Deregulated oil and gas sector to the benefit of Nigerians…
Metering Crisis: 7.3 Million Unmetered Customers in Nigeria
Metering electricity customers in Nigeria remains a significant challenge, with the number of unmetered customers increasing…
Chile’s Subsidy Hike Threatens Renewable Energy Investments, I-REC Market
Chile’s government introduced a bill to triple its electricity subsidy, raising concerns about its impact on…
Discos Boost Revenue to N100bn Amid Power Shortages
Amid low power generation complaints, Nigeria’s electricity distribution companies (Discos) raised monthly revenue from N95 billion…
Schneider Says High Tariff Remains Barrier to Rural Electrification
Schneider Electric has stated that high tariffs remain a barrier to electricity usage in rural communities…