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FG cuts electricity subsidies by 80% as DisCos demand tariff increase

The Federal Government’s subsidy to the electricity sector has fallen by about 80 percent between 2019 and 2022 an analysis of the sector regulator’s latest report shows, as power companies ask for an increase in power tariffs. In its third quarter report, the Nigerian Electricity Regulatory Commission (NERC) said government support for the Nigerian Electricity
read more FG cuts electricity subsidies by 80% as DisCos demand tariff increaseBusinessday NGRead More

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