…Civil Societies Coalition, OCSC, has expressed concern over the proposed phase-out of electricity subsidy from 2027, arguing that reliable electricity should also be affordable to ordinary Nigerians. The OCSC said removing the subsidy could place additional pressure on households, workers, traders, farmers, artisans an…
…Idris, however, noted that the Federal Government was still shouldering a significant electricity subsidy, estimated at N3.14 trillion between June 2023 and December 2025. He warned that restoring petrol subsidy would therefore place an additional burden on public finances. The minister said the Organised Private Secto…
Nigeria’s electricity subsidy remains a significant fiscal and market-liquidity burden, with the Federal Government covering N358.32 billion of generation costs in the first quarter of 2026, according to data from the Nigerian Electricity Regulatory Commission (NERC). The figure represents 51.95 per cent of the N689.72…
…tariffs at the rates payable in July 2024, in line with the Federal Government's electricity subsidy policy. Despite the huge subsidy outlay, electricity supply weakened during the quarter. According to the report, average available generation capacity fell by 17.45 per cent from 5,400.38MW in the fourth quarter of 202…