FG spends N358.3bn on electricity subsidy in Q1 2026 – NERC

Vanguard News

Vanguard News

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July 6, 2026

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lean left

By Obas Esiedesa, Abuja ABUJA – The Federal Government incurred an electricity tariff subsidy of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). In its First [] The post FG spends N358.3bn on electricity subsidy in Q1 2026 – NERC appeared first on Vanguard News.

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