infrastructure

The Federal Government’s electricity subsidy obligation has reached N536.4 billion in Quarter 1 of 2025, a 64.7 billion naira increase from Quarter 4 of 2024. This amount covers 59.16% of power generation companies’ invoices, exacerbating the government’s struggle to clear over N4 trillion in debts owed to GenCos. The Nigerian Electricity Regulatory Commission (NERC) has […]