BusinessDay
Nigeria's leading finance and market intelligence news report.

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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