Tag: Electricity Subsidy

Electricity subsidy: FG to deduct N3.6trn from Federation Account

SERAP sues Adelabu, NBET over alleged missing N128b in power ministry

The Federal Government has proposed a N3.6 trillion deduction from the Federation Account to fund electricity subsidies over the 2026–2028 period, a move aimed at sharing the financial burden across federal, state, and local governments. The…

Nigeria to share electricity subsidy costs across all tiers of government from 2026

by Nigerian Mirror

Nigeria to share electricity subsidy costs across all tiers of government from 2026

Nigeria’s federal government will no longer shoulder electricity subsidy costs alone, moving from 2026 to a framework that spreads the burden across federal, state and local governments, officials said Monday. The Director-General of the Budget…