GenCos Urge FG to Extend ₦3.6tn Power Subsidy Plan Beyond 2028
Power generation companies operating under the Association of Power Generation Companies (APGC) have called on the Federal Government to extend ...
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Tag: #ElectricitySubsidy
FG Proposes N3.6tn FAAC Deduction to Fund Electricity Subsidies Over Three Years
The Federal Government has proposed a total deduction of N3.6 trillion from the Federation Account to fund electricity subsidies between ...
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FG to Share Electricity Subsidy Burden Across Federal, State, LGs from 2026
The Federal Government has announced plans to end the practice of bearing electricity subsidy costs alone, unveiling a new framework ...
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NERC: FG’s Debt to Power Generation Companies Hits N1.05tn in First Half of 2025
The Federal Government’s debt to electricity generation companies (GenCos) has risen to N1.05 trillion in the first half of 2025, ...
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FG Spends N536.4bn on Electricity Subsidies in Q1 2025 Amid N4tn GenCo Debt
The Federal Government incurred a staggering ₦536.4 billion in electricity subsidy obligations in the first quarter of 2025, reflecting a ...
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