The Nigerian Electricity Regulatory Commission (NERC) announced that the federal government paid N199 billion in electricity…
Tag: Subsidy
Nigerian Government’s Electricity Subsidy Hits N1.91 Trillion in 2024
Nigerian government’s monthly spending on electricity subsidies has surged to N1.91 trillion in the first 11…
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…
EU to Investigate China Electric Car Subsidy
Brussels has said it will investigate China’s electric car subsidies and vows to defend Europe’s industry…
FG Quietly Removes Electricity Subsidy, Petrol in Phases
Minister of Finance stated that FG plans to remove subsidies on petrol in phases. FG has…
Ghana: Government Spends $500m on Electricity Subsidy Annually – Economist
Ghana pays over $500m on subsidy annually. Electricity tariffs have not been adjusted in over two…
NIGERIA: Expert Decries Petroleum Subsidy Regime
Nigeria spent an estimated ₦12 trillion on fuel subsidy in 12 years ₦30 billion spent on…
NIGERIA: FG to End Electricity Subsidies in 2022
FG to end electricity subsidies in 2022 To invest over $3 billion in transmission, distribution infrastructure…
NIGERIA: Experts Call for Electricity Subsidy Removal
Financial analysts back electricity subsidy removal Call for the diversification of energy sources Financial analysts…
NIGERIA: Nigeria Pays ₦30 Billion in Electricity Subsidies
Nigeria pays ₦30 billion in electricity subsidies, a reduction from the previous ₦50 billion Nigeria’s…