Nigerian Govt to Share Electricity Subsidy Burden with States, LGs
11 Articles
11 Articles
FG to Share Electricity Subsidy Costs with States, LGs from 2026 - TV360 Nigeria
Budget Office says Tinubu orders transparent subsidy tracking as power market grapples with mounting debts and hidden liabilities The Federal Government has announced plans to end the long-standing practice of bearing electricity subsidy costs alone, unveiling a framework that will distribute the burden across the federal, state and local governments beginning from 2026. The Director-General of the Budget Office of the Federation, Tanimu Yakubu,…
Electricity Tariffs: FG, States to Share Subsidy Cost From 2026
The Federal Government says it will stop carrying electricity subsidy costs alone from 2026. Instead, subsidy funding will be shared across the three tiers of government: federal, state, and local. The goal is to make affordability support clear, traceable, and properly funded, rather than leaving the gap to build up quietly inside the power market … The post Electricity Tariffs: FG, States to Share Subsidy Cost From 2026 appeared first on Busi…
Tinubu directs states to share electricity subsidy costs
State governments will now share the financial responsibility for electricity subsidies with the Federal Government, following a directive from President Bola Tinubu. IDOMA VOICE reports that the funding for the subsidy will be drawn from the Power Assistance Consumers Fund (PCAF), a government-backed pool established to subsidise electricity bills for low-income and vulnerable households, maintain […] The post Tinubu directs states to share ele…
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