The Federal Government has said that the amount spent
on subsidising electricity monthly in Nigeria is now about
N30bn. It revealed that the government’s subsidy on
electricity had been reduced by N20bn monthly following
the improvements in the collection of power tariffs from
Nigerians by distribution companies. The amount monthly
was initially over 50 billion naira.


The government stated this in a document on the
progress and overview of Nigeria’s power sector. In
February of this year, the Minister of Power, Sale
Mamman, revealed that the Federal Government was
actually subsidizing electricity supply across the country to
the tune of over N50bn monthly. He at that time,
explained that the subsidy spending was necessary
because the government was concerned and deeply
worried by the multiple complaints by average Nigerians
over the inevitable and and uncontrolled periodic increase
in the cost of electricity tariffs.

He said the subsidy funds were made available to
augment theshortfall by the power distribution companies
who had failed in their duty to defray the cost of bulk
electricity supplied to them by the generating companies.
He had further explained .........

Full details: https://newshub.com.ng/general/we-spend-30bn-per-month-on-electricity-subsidy-no-more-sustainable-fg/

Keep it up.
No scamming woo
BTW now that day rodent have been caught his followers have suddenly gone quite in nairaland ....did u guys notice dey are now operating on low key. D insults and Savage reply have reduced.
BABA BUHARI SHOCK IPOB NO B SMALL

Buhari remove the subsidy, and even add your own..



Righteous govt

triple996:
Keep it up.
No scamming woo
BTW now that day rodent have been caught his followers have suddenly gone quite in nairaland ....did u guys notice dey are now operating on low key. D insults and Savage reply have reduced.
BABA BUHARI SHOCK IPOB NO B SMALL

Don't derail the thread. As early as 3am, u are already exhibiting bigotry and tribalism. What time of the day is your mind free from any form of hate or bigotry?..You definitely know your comment can turn this thread to tribal bashing, so why do it?

I am not aware that government is subsidizing electricity.Buhari and his government are oppressive.

2015 buhari and his online campaign team said,there is nothing like subsidy .

Make power available, expand the customer base and you will make profits.


But no, you will rather cry about the mess you created and make Nigerians suffer for it.


We have gas, hydro, solar and numerous other sources to generate cheap and sustainable energy.

Dumb people

Is it this same electricity each households support with generators or another electricity?

she oun ti o fe se,this niggar no dey gimme headache...
Subsidise...upon all the money wey una dey collect on light wey no dey.

triple996:
Keep it up.
No scamming woo
BTW now that day rodent have been caught his followers have suddenly gone quite in nairaland ....did u guys notice dey are now operating on low key. D insults and Savage reply have reduced.
BABA BUHARI SHOCK IPOB NO B SMALL

See how some of U display ur lack of sense everytime. The gunment U support wants to increase tariffs on electricity that it is yet to provide and ur reaction is on on arrest of Nnamdi Kanu? U sure say no b catarrh dey ur brain so?

They won't slash their jumbo pays or cut down on their useless spending but increase pump price of petrol, raise tax and levies and now increase electricity tariffs again?

triple996:
Keep it up.
No scamming woo
BTW now that day rodent have been caught his followers have suddenly gone quite in nairaland ....did u guys notice dey are now operating on low key. D insults and Savage reply have reduced.
BABA BUHARI SHOCK IPOB NO B SMALL

Electricity and petrol prices are about to be increased, schools in the North are closing down, famine has been projected, highways has never been this unsafe,

Use your head for once nahhh

Let the Federal Government supply meters since they promised to make it availably free or make the companies make it available for sale. People are suffering from this direct billing which is exploitative.

Subsidy is on everything, yet masses are in suffering and smiling state.

Only God knows what will happen when subsidies are remove, masses sufferness go be raise to power 4