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Home Tag Archives: N135.23bn

Tag Archives: N135.23bn

Electricity

FG subsidised electricity with N135.23b in Q2, 2023 — NERC

By Breezynews
18 October 2023
in :  Electricity
0
102

The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, said that the Federal Government paid a total of N135.23 billion to subsidise electricity consumption in the second quarter of 2023. This was made known in the commission’s Q2, 2023 report. NERC said that the N135.2 billion was spent by the FG to plug revenue generation shortfall in the power sector in …

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