inflation impact

FG’s Electricity Subsidies Hit ₦199.64bn In December

Dec 18, 2024. by Praise Ben

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

No New Projects From Ministry Of Works In 2025 – Umahi Announces

Aug 22, 2024. by Praise Ben

Minister of Works David Umahi has announced that under his leadership, the Ministry will not propose any new projects for the year 2025. Instead, the focus will be on completing several ongoing and abandoned projects across the country. Umahi emphasized that the only exception to this would be if a new project is directly requested … Read more