The Nigerian Electricity Regulatory Commission (NERC) has stated that rich customers constitute the highest consumers of electricity in the country thus enjoying more of the subsidy provided in the sector. In its 2022 Market Competition Report released yesterday, NERC stated that end-user tariff subsidy in Nigeria is pro-rich as the top-income group consumes more electricity…
About 11 electricity generating companies in Nigeria have generated over N15 billion in the second quarter of 2023, an increase from the amount made in Q1.
Tinubu Administration: NERC Reports N36 Billion Electricity Subsidy Cost in First Quarter of 2023, As Covered by Naija247news In the first quarter of 2023, the Nigerian Federal Government paid a total of N36 billion to subsidize electricity consumption in the country, according to the Nigerian Electricity Regulation Commission (NERC). This amount translated to a monthly |