Nigerians dug deep into their pockets to fork out a whopping N782.6 billion for electricity between January and September 2023, even as the Federal Government coughed up a staggering N375.8 billion in subsidies to keep the lights on. This eye-popping Read more…
The Nigerian Electricity Regulatory Commission (NERC) says the federal government paid a total of N171.25 billion as electricity subsidy in the first six months of 2023. NERC, in its second-quarter (Q2) report dated October 17, 2023, said the subsidy was Read more…
The federal government reportedly spent N36 billion to subsidise energy usage in the first quarter of 2023, according to the Nigerian energy Regulation Commission (NERC). According to NERC’s quarterly report, the sum equaled the monthly payment of N12 billion made Read more…
Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says the Federal Government and stakeholders in the power industry have intensified efforts to address the current challenges facing the sector. Garba made this known during an interactive session with journalists Read more…
There are widespread reports on Ghana’s decision to make electricity temporarily free in some areas due to the second wave of COVID-19. However, in Nigeria people recently registered their displeasure on the increasing rate of electricity tariff. In its attempt Read more…
Nigerians got another stimulus package post COVID-19 lockdown. This time around, it is the increment in electricity tariffs. This distribution companies have already effected the changes. Following the enforced lockdown, the country is just returning to normalcy. The move could Read more…
