FG ALLOCATED ₦628.61 BILLION TO ELECTRICITY SUBSIDY IN 2023 AMID INCREASING POWER EXPENSES
< 1 mn read In 2023, the Federal Government of Nigeria allocated a substantial ₦628.61 billion towards electricity subsidies as part of its efforts to stabilize the power sector and alleviate the economic burden on citizens. This significant financial commitment was revealed in the latest data released by the Nigerian Electricity Regulatory Commission (NERC) on Wednesday. Throughout the year, […]