N1.72trn After, Nigeria Bids Farewell to Electricity Subsidy

Nigeria is set to quit the expensive habit of subsidising electricity consumption for its people which has cost the country a staggering N1.72 trillion in five years, BusinessDay has learnt. In 2020 alone, the Federal Government is committing N380bn and the three months delay in the implementation of the service-reflective tariff for the electricity sector… for further reading, click on https://businessday.ng/exclusives/article/n1-72trn-after-nigeria-bids-farewell-to-electricity-subsidy/

SOURCE: BusinessDay Newspaper               Jun 29,2020.