Nigeria Spends N358bn on Electricity Subsidies as DisCos Lose N198bn
Nigeria's power sector continued to struggle despite substantial government intervention, with the Federal Government spending N358.32 billion on electricity subsidies ...
Tag: Electricity Tariffs
Federal Government Spends N358.32bn on Electricity Subsidies Despite Ongoing Power Outages
The Federal Government spent N358.32 billion on electricity subsidies during the first quarter of 2026 as it continued to keep electricity tariffs ...
DisCos Generate ₦801bn Revenue Despite Nigeria’s Persistent Grid Failures
Nigeria's electricity distribution companies (DisCos) generated a combined ₦801.16 billion in revenue during the first four months of 2026, underscoring ...
IMF Backs Further Electricity Reforms as Nigeria Targets Subsidy Reduction
The International Monetary Fund (IMF) has thrown its support behind Nigeria’s ongoing electricity sector reforms, urging authorities to deepen efforts ...
NERC Gives DisCos 12 Months to Refund N20.33bn to Customers
Electricity distribution companies in Nigeria are facing fresh financial pressure after the Nigerian Electricity Regulatory Commission (NERC) ordered them to ...
NDPHC Seeks Subsidy Removal, Market Reforms
Jennifer Adighije, the Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), has called on ...
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