NewsBreakNigeria
USD/NGN 1,326.87GBP/NGN 1,758.58USD/NGN black market ₦1,385GBP/NGN black market ₦1,882EUR/NGN 1,512.32JPY/NGN 8.39CAD/NGN 941.42
USD/NGN 1,326.87GBP/NGN 1,758.58USD/NGN black market ₦1,385GBP/NGN black market ₦1,882EUR/NGN 1,512.32JPY/NGN 8.39CAD/NGN 941.42

Electricity Subsidy May Cross N2trn as Tariff Freeze Persists

Nigeria’s electricity subsidy liability has climbed to N1.928 trillion, as regulated tariffs remain below the cost of supplying power to millions of consumers, the Nigerian Electricity Regulatory Commission (NERC) has…

Aggregated · originally by Leadership
24 Sept 2026, 12:05 WAT · 3 min read
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Electricity Subsidy May Cross N2trn as Tariff Freeze Persists

Nigeria’s electricity subsidy liability has climbed to N1.928 trillion, as regulated tariffs remain below the cost of supplying power to millions of consumers, the Nigerian Electricity Regulatory Commission (NERC) has…