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Tag "electricity subsidy"

FG: Monthly subsidy on electricity now N30bn — drop from N50bn in February

    FG: Monthly subsidy on electricity now N30bn — drop from N50bn in February

The federal government says the cost of subsidising electricity every month is now about N30 billion — a drop of N20 billion (40 percent) from N50 billion spent in February

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FG may end electricity subsidy by December, says presidential aide

    FG may end electricity subsidy by December, says presidential aide

Ahmed Zakari, special adviser to the president on infrastructure, says the federal government may halt the payment of electricity subsidies by the end of 2021. Speaking during a webinar organised

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Buhari: Borrowing to subsidise electricity is grossly irresponsible

    Buhari: Borrowing to subsidise electricity is grossly irresponsible

President Muhammadu Buhari says it is irresponsible to keep borrowing money to subside the generation and distribution of electricity. Buhari, who was represented at the first-year ministerial performance assessment retreat

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