Daily Post Nigeria

N3.2tn electricity subsidy needed – NERC gives reason for tariff hike

The Nigerian Electricity Regulatory Commission, NERC, says the federal government needs to provide N3.2 trillion in subsidies in 2024 to reverse the recent electricity tariff hike. The Nigeria ...
LEADERSHIP Newspaper

‘N3.2trn Subsidy Needed To Reverse Electricity Tariff Hike’

The Nigeria Electricity Regulatory Commission (NERC) has said the federal government must pay N3.2 trillion as subsidy for the electricity sector in 2024 if the electricity tariffs hike is to be ...
The Punch Newspapers

FG needs N3.2tn subsidy to reverse electricity tariff hike – NERC

The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria Electricity Regulatory Commission, ...
Vanguard

FG will require N3.2trn to subsidise electricity – NERC

Chairman of the Nigeria Electricity Regulatory Commission (NERC), Sanusi Garba said on Thursday said that the Federal government would have to pay the sum of N3.2 trillion as subsidy for the ...
Daily Post Nigeria

Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years

Nigeria’s electricity distribution companies collectively generated about N3.95 trillion in revenue between 2019 and the first quarter of 2024. This was disclosed through NBS data curled from the ...
The Punch Newspapers

NERC, experts doubt sustainability as electricity subsidies hit N3.3tn

The Federal Government spent a total of N3.348 trillion on electricity subsidies in the past nine years, figures obtained from the Nigerian Electricity Regulatory Commission showed. However, NERC, ...