Nigerian Bulk Electricity Trading Company
FG plans N450bn power intervention fund

FG plans N450bn power intervention fund

In 2024, the Federal Government of Nigeria is planning to allocate a budget of N450 billion for power interventions, as revealed in a budget analysis by the Nigerian…

Electricity subsidy gulps N376bn, consumers pay N783bn

Electricity subsidy gulps N376bn, consumers pay N783bn

The Federal Government of Nigeria has expended a total of N375.8 billion on electricity subsidies from January to September 2023, according to a report by Okechukwu Nnodim and…