electricity subsidy
23 Dec
Electricity subsidy gulped N1.4 trillion in the first, second, and third quarters of 2024 despite a tariff increase, according to the National Electricity Regulatory Commission (NERC). The NERC revealed this in its third-quarter report. According to the NERC, the government covered the gap between the cost-reflective and allowed tariff in the form of tariff subsidies.…
2 Sep
The House of Representatives has commended President Bola Tinubu for approving a 50 per cent electricity subsidy for universities, hospitals, and other tertiary institutions of learning. Rep. Abubakar Fulata, the Chairman of the House Committee on University Education, gave the commendation in a statement on Monday in Abuja. He commended Tinubu for his magnanimity in…
1 Sep
Chairman of the Senate Committee on Health (Secondary and Tertiary), Senator Banigo, has commended President Bola Tinubu for approving a 50% electricity subsidy for public hospitals nationwide. In a statement on Monday, Sen. Banigo expressed excitement at the federal government’s intervention, describing it as a much-needed relief for the country's health sector. Recall that Sen…
31 Aug
Senator representing Katsina Central in the Senate, Senator Abdulaziz Musa Yar’Adua, has commended the Federal Government for its recent decision to reduce electricity tariffs for public hospitals in Nigeria by 50 per cent.
11 Jun 2024
Nigeria Governors’ Forum (NGF) has urged the Federal Government to stop the payment of electricity subsidy, saying it is “ineffective”.
21 Mar 2024
Electricity subsidy in Nigeria has risen exponentially to about N6 trillion in the last 10 years, even as the President Bola Tinubu administration struggles to keep a commitment to funding the power sector.
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