FG’s Electricity Subsidies Hit ₦199.64bn In December

Electricity Subsidies

The Nigerian Electricity Regulatory Commission (NERC) has revealed that the federal government’s electricity subsidies increased by 2.76 percent in December 2024, reaching ₦199.64 billion, up from ₦194.26 billion in November. In its December 2024 Multi-Year Tariff Order, published on Tuesday, the commission also announced that electricity tariffs across all customer categories would remain unchanged. EDITOR’S … Read more

Nigerian Govt Unveils New Electricity Policy – Details

New Electricity Policy

The Federal Government has unveiled the preliminary draft of the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP), a crucial initiative aimed at addressing the pressing challenges within the Nigerian Electricity Supply Industry. This policy is designed to steer the nation toward a resilient, sustainable, and inclusive energy sector that meets the needs of … Read more