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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…

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