NERC May Okay Tariff Hike As Electricity Subsidy Hits N2.8tn   There are strong indications the Federal Government may consider the request by power distribution companies for a review of their tariff, as the government spending on electricity subsidy has risen to N2.8tn. A new report by...

Electricity Subsidy Gulps N30bn Monthly - FG       The amount spent on subsidising electricity every month in Nigeria is now about N30bn, the Federal Government has said. It disclosed that the government’s subsidy on electricity had been reduced by N20bn monthly following improvements in the collection of...

Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy         Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck Jonathan privatised the electricity sector in November 2013 and handed it over to...

FG Subsidises Electricity By N50bn Monthly - Power Minister       The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn monthly, the Minister of Power, Sale Mamman, has said. He said the subsidy spendings were because the government was worried...

Fed Govt Forecloses Petrol, Electricity Subsidies         The Federal Government is not subsiding Premium Motor Spirit, popularly called petrol and has no plan to do so, Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Tuesday. She also stated that the government did not make...