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...

DisCos’ Sustainability Questioned As FG Pays N50bn Monthly Subsidy       The government’s financial support to the power sector hovering around N2.3 trillion in the past few years has raised concerns among stakeholders who insisted, yesterday, that the industry is at a crossroad. The Minister of Power, Sale...

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 Can No Longer Bear Electricity Tariff Shortfalls – Buhari         President Muhammadu Buhari, has said the tariff shortfalls in the power sector being borne by the Federal Government are no longer sustainable. Buhari said this on Thursday at the inauguration of Eko Electricity Distribution Company’s...

Nigeria Mulls Supplying Electricity To Chad       The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country. The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities...