Vanguard
Africa · 38 mins ago
FG’s electricity subsidy bill hits N1.92trn in 2025 — NERC
By Obas Esiedesa, Abuja The Federal Government’s electricity tariff subsidy obligation rose to N1.928 trillion in 2025 as it continued to absorb the gap between cost-reflective tariffs and the rates paid by electricity consumers, according to the Nigerian Electricity Regulatory Commission (NERC). NERC, in its 2025 industry report, said the subsidy represented 57.44 per cent…
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