Electricity

Power crisis deepens as FG pays only 4% of ₦1.928trn subsidy

The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with fresh data showing it paid only N76.95 billion (about four per cent) of the N1.928 trillion subsidy required in 2025. Although the government budgeted N958 billion for electricity subsidies in 2025, […]