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…
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…
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…
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…