The Thirty-Six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity in the power sector.

This is contained in the Nigeria Governors’ Forum recommendations to the federal government on the state of power in the country, in which it highlighted that over the past 15 years, electricity subsidies and other financial interventions in the power sector have proven ineffective.

Furthermore, the governors noted that these subsidies have contributed to the inefficiency of power distribution companies (DisCos), resulting in inadequate service provision, while emphasizing that the subsidies predominantly benefit a small fraction of customers directly connected to the national grid.

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