N3.6tn power subsidy plan should go beyond 2028 – GenCos
Power generation companies in Nigeria are urging the government to extend its proposed N3.6tn power subsidy plan beyond 2028, citing ongoing issues within the electricity sector.
GenCos dispute power subsidy claims as govt targets FAAC
Nigerian generation companies are disputing the existence of electricity subsidies as the government plans to distribute subsidy costs among different levels of government from 2026.
UK electricity cheaper than Nigeria’s — Energy expert
Energy expert Nick Agule claims that electricity costs in the UK are lower than those in Nigeria, indicating a troubling scenario for Nigeria's energy sector amid government subsidy plans and frequent grid failures.
Morning recap: FG to deduct ₦3.6tn electricity subsidy, NECO 2025 results out, bandits kill 30 in fresh attacks, other top stories
The Federal Government plans to deduct ₦3.6 trillion to manage electricity subsidies, while NECO announces the 2025 results, bandit attacks in Katsina and Kwara result in 30 deaths, and PDP governors resist political maneuvers before upcoming elections.
Electricity subsidy: FG to deduct N3.6tn from Federation Account
The Federal Government plans to deduct N3.6 trillion from the Federation Account to finance electricity subsidies over the next three years as a measure to manage the growing electricity subsidy debt.
Morning recap: US to deport 79 Nigerians, FG to share power subsidy, APC names convention committee, other top stories
The US plans to deport 79 Nigerians for criminal offenses as Nigeria's Federal Government prepares to share electricity subsidy costs with states amidst various governance issues.
FG moves to share electricity subsidy costs with states
The Federal Government of Nigeria plans to distribute electricity subsidy costs among federal, state, and local governments starting in 2026, as announced by the Budget Office Director-General during a workshop in Abuja.
Offshore windfarm contracts to fuel 12m homes in Great Britain after record auction
The UK government has awarded subsidy contracts to offshore wind farms capable of powering 12 million homes, marking a significant step toward a clean electricity system by 2030.