FG Sukili N1.98tn For Electricity Subsidy
By: Esther Ayoola Based on wetin di Nigerian Electricity Regulatory Commission (NERC) report tuk, di Federal Government don spend N1.98tn for electricity subsidy from October 2024 reach September 2025. For di fourth quarter of 2024, dem spend N471.69bn, first quarter of 2025 na N536.4bn, second quarter N514.35bn, and third quarter N458.75bn. NERC tuk say dis subsidy na because electricity tariffs never reach cost-reflective level, so gornment gatz cover di gap. […]
