State Governors propose complete phasing out of electricity subsidy across Nigeria
The thirty-six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity ...
Tag: Electricity subsidy
FG will require N3.2 trillion to subsidise electricity in 2024 without tariff hike- NERC
The Federal Government asserts it needs approximately N3.2 trillion to subsidize electricity in 2024 should the current tariff hike be ...
FG to direct N1 trillion electricity subsidy savings to social services
The Federal Government is set to redirect about N1 trillion savings from the electricity subsidy removal to social services and ...
FG’s monthly electricity subsidy spending to crash by 52% on new tariff hike
The Nigerian government’s move to revise electricity tariffs is set to deliver a 52% cut in monthly subsidy expenses.
IMF to FG: Protect poor Nigerians from rising prices through cash transfers
The International Monetary Fund (IMF) has advised the Nigerian government to implement its social protection measures to benefit poor and ...
IMF to FG: Implement cash transfer programme before addressing fuel, electricity subsidies
The International Monetary Fund (IMF) has emphasised the need for the Nigerian government to prioritise the full implementation of its ...
Senate begs FG to ditch plan to remove electricity subsidy
The Senate on Wednesday appealed to the federal government to continue the electricity subsidy amidst the ongoing hardships in the ...
FG says it cannot continue with electricity subsidy
The Federal Government has declared that Nigeria can no longer continue to subsidize electricity as the country must begin to ...
IMF tells FG to increase electricity and fuel prices by phasing out subsidies
The International Monetary Fund (IMF) has urged the federal government to fully eliminate subsidies for fuel and electricity, highlighting that ...
FG’s electricity subsidy to increase by 170% reaching N1.67 trillion in 2024
The Federal government is set to pay around N1.67 trillion as electricity subsidy in 2024 according to data gleaned from ...
