Tag: Power Subsidy

Electricity featured

FG spends ₦358.32bn on electricity subsidy in Q1

The Federal Government incurred an electricity tariff subsidy obligation of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according to the latest report by the Nigerian Electricity Regulatory Commission. The Commission, in its First Quarter 2026 report released […]

Electricity

FG pays ₦418.79bn power subsidy as sector losses exceed ₦300bn

The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies across the electricity value chain led to losses exceeding N300bn during the period. The PUNCH reported that this was contained in the commission’s 2025 fourth-quarter report, which also highlighted […]

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, […]