The Federal Government of Nigeria spent N458.75 billion to freeze electricity tariffs for most Nigerian consumers…
Tag: Subsidy
Trump Administration Set to Tighten Rules on Solar and Wind Subsidies
The Trump administration is expected, as soon as Monday, to take another step toward slowing the…
GenCos Kick Against Enugu’s Band A Tariff Cut to ₦160/kWh
Nigeria’s power generation companies (GenCos) have strongly opposed the Enugu Electricity Regulatory Commission’s (EERC) plan to…
Cyprus Launches New Subsidy Scheme to Boost Energy Storage Investment
Cyprus has introduced its first-ever energy storage subsidy scheme for large-scale renewable energy plants, targeting a…
FG Spends N199 Billion on December 2024 Power Subsidies
The Nigerian Electricity Regulatory Commission (NERC) announced that the federal government paid N199 billion in electricity…
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…