Nigerian Government Incurs N358.3 Billion Electricity Subsidy in Q1

The Nigerian Electricity Regulatory Commission (NERC) reported that the Federal Government spent N358.3 billion on electricity subsidies during the first quarter of 2026. This significant expenditure highlights the government's continued financial support for the power sector.

7 Jul, 05:29 — 7 Jul, 05:29

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vanguard-ngMixed56d ago

FG incurs N358.3bn electricity subsidy in Q1 — NERC

By Obas Esiedesa, Abuja 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). The Commission, in its […] The post FG incurs N358.3bn electricity subsidy in Q1 — NERC appeared first on Vanguard News.

By Urowayino Jeremiah

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Nigerian Government Incurs N358.3 Billion Electricity Subsidy in Q1

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FG incurs N358.3bn electricity subsidy in Q1 — NERC

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