FG to Pay N1.6trn Electricity Subsidy as NERC Reviews Tariff

The Nigerian government is to pay the sum of N1.6 trillion as subsidies for electricity consumers in 2024, as the Nigerian Electricity Regulatory Commission (NERC) reviews existing tariffs to avert adverse impact of additional charges on consumers. The Chairman of NERC, Sanusi Garba, who disclosed this at a Press briefing in Abuja the nation’s capital, … [Read more…]