FG Pays Less Than 1% as Nigeria’s Power Subsidy Surges to ₦1.95tn
Nigeria’s electricity subsidy has witnessed a staggering surge, jumping by over 219% within one year, rising from ₦610.06 billion in 2023 to an estimated ₦1.95 trillion in 2024. This sharp escalation highlights growing fiscal pressure on the Federal Government and the mounting cost of sustaining power subsidies amid broader economic reforms. Despite […]











