FG Plans N2.36tn Electricity Subsidy for 2025

The Federal Government may spend N2.36tn on electricity subsidies for low-income consumers in 2025, despite ongoing plans to implement cost-reflective tariffs. This comes as the Nigerian Electricity Regulatory Commission (NERC) revealed that N178.03bn was spent on electricity subsidies in January 2025, a 10.1% decrease from N197.91bn in December 2024. In a report released on Sunday, […]