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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%
Business

FG’s electricity subsidy drops N37 billion as lower power offtake cuts government burden

The Federal Government’s electricity subsidy obligation fell by N37.06 billion to N321.26 billion in the second quarter of 2026. The post FG’s electricity subsidy drops N37 billion as lower power offtake cuts government…

Aggregated · originally by Nairametrics
30 Sept 2026, 14:30 WAT · 3 min read
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FG’s electricity subsidy drops N37 billion as lower power offtake cuts government burden

The Federal Government’s electricity subsidy obligation fell by N37.06 billion to N321.26 billion in the second quarter of 2026. The post FG’s electricity subsidy drops N37 billion as lower power offtake cuts government…

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