Electricity Subsidy | Daily Report

Afrinvest Boss Calls for Removal of Electricity Subsidy

The Group Managing Director, Afrinvest, Ike Chioke has called for the removal of electricity subsidy in Nigeria. Chioke, speaking at the Half year investment parley of the investment firm in…

August 14, 2025

News

Electricity Subsidy: N36bn Paid in 3 Months – NERC

The Nigerian Electricity Regulation Commission (NERC) has revealed that the federal government paid N36bn to subsidise electricity consumption in the first quarter of 2023. NERC who made this know in…

August 14, 2025

Business

FG Announces 50% Electricity Subsidy for Public Hospitals

The Federal Government has approved a 50% electricity subsidy for public hospitals nationwide to reduce their operational expenses and ease patients' financial burdens. The Minister of State for…

August 14, 2025

Business

FG Announces $600m Annual Electricity Subsidy for Nigerians

FG has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 to 2027. The subsidy aims to bridge the gap between cost-reflective tariffs and…

August 14, 2025