The Federal Government on Thursday approved a 50% electricity subsidy for public hospitals across the country. Minister of State for Health and Social Welfare, Tunji Alausa, made the disclosure at…
Read More FG approves 50% electricity subsidy for public hospitals
The International Monetary Fund has advised the Tinubu administration to scrap electricity subsidy to free up funds for “development spending” to strengthen Nigeria’s economy. In a report which evaluated Tinubu’s…
Read More IMF asks Tinubu to remove electricity subsidy to create space for Nigeria’s development spending
The Federal Government paid about ₦205bn as electricity subsidy in the third quarter of last year, according to data obtained from the Nigerian Electricity Regulatory Commission (NERC) latest report. The…
Read More Report: FG pays N205bn electricity subsidy, as DisCos withhold ₦50bn in Q3 2023 – NERC
