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USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35

Electricity subsidy falls 35% to N679bn in H1’26

By Yinka Kolawole The Federal Government’s electricity subsidy bill fell 35.27 percent to N679.58 billion in the first half of 2026 from N1.05 trillion recorded in the corresponding period of 2025, as lower electricity…

Aggregated · originally by Vanguard
5 Oct 2026, 06:00 WAT · 3 min read
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Electricity subsidy falls 35% to N679bn in H1’26

By Yinka Kolawole The Federal Government’s electricity subsidy bill fell 35.27 percent to N679.58 billion in the first half of 2026 from N1.05 trillion recorded in the corresponding period of 2025, as lower electricity…