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FG incurs N358.3bn electricity subsidy in Q1 — NERC
The Federal Government (FG) 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 (NERC).
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punchng.com
Electricity subsidy gulps N358bn amid blackouts
Nigeria's Federal Government will pay N358bn in electricity subsidies in Q1 2026 despite persistent blackouts, as tariffs remain frozen.
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businessday.ng
Nigeria’s electricity subsidy bill hits N358bn despite persistent blackouts - Businessday NG
The Federal Government is expected to spend N358.32 billion on electricity subsidies in the first quarter of 2026, despite continued...
