electricity subsidy
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Nigeria Atiku Accuses Tinubu's Government of Subsidizing Corruption Through Tariff Hikes
Former Vice President Atiku Abubakar has condemned the recent tariff increases implemented by the Nigerian government, alleging that they unfairly burden Nigerian citizens and subsidize government inefficiencies. In a statement issued in Abuja, Atiku criticized the government's failure to... -
Nigeria Despite Tariff Hike, FG Maintains Electricity Subsidy Payments, Minister Adelabu Discloses
In an exclusive interview on Channels Television's Politics Today program, Minister of Power, Adebayo Adelabu, disclosed that the Federal Government (FG) is persisting with electricity subsidy payments despite the recent tariff hike for Band A consumers. The revelation sheds light on the complex... -
Nigeria Federal Government Faces Backlash from Former Lawmakers Over Electricity Subsidy Cut
Former federal lawmakers, Senator Andrew Uchendu and Honourable Dachung Bagos, have criticized the Federal Government's decision to reduce electricity subsidies, deeming the timing inappropriate. The Nigerian Electricity Regulatory Commission (NERC) recently announced a tariff increase for Band... -
Nigeria Impact Analysis: Nigeria's New Tariff Hike to Save Billions in Subsidy Costs"
The government has announced a substantial reduction in monthly electricity subsidy expenses. This decision comes in the wake of a recent tariff hike aimed at aligning electricity tariffs with the actual cost of power generation and distribution. According to official sources, the revision in... -
Nigeria Nigerians Braced for Electricity Bill Shock As Government Looks To Remove Subsidy
Nigeria's Power Minister, Bayo Adelabu, advocates for the cessation of electricity subsidies, citing disparities in regional pricing. Adelabu reveals that Nigerians pay significantly less for electricity compared to citizens in poorer neighboring countries like Mali, Togo, and Guinea... -
Nigeria Nigerians Frustrated as Federal Government Announces Removal of Electricity Subsidy
Minister of Power, Adebayo Adelabu, declared that Nigeria cannot sustain the ongoing subsidization of electricity due to a mounting debt of 1.3 trillion naira to generating companies (GenCos) and 1.3 billion dollars owed to gas companies. Addressing a press conference in Abuja on Wednesday... -
Nigeria Nigerians Demand that Government Ignore IMF Over Subsidy Removal Pointing Out Double Standards
In the wake of the International Monetary Fund's (IMF) recommendation for the Nigerian government to eliminate electricity subsidies, a wave of diverse reactions has swept across the nation. Citizens, taking to social media platforms, have expressed a range of sentiments reflecting skepticism... -
Nigeria IMF Pressures Nigerian Government to Eliminate Electricity and Fuel Subsidies
In the face of persistent economic challenges and the ongoing struggle of Nigerians, the International Monetary Fund (IMF) has strongly urged the Federal Government to eliminate subsidies on fuel and electricity. The IMF argues that these subsidies, considered costly and ineffective, should be...
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