Electricity subsidy drops to 358.32bn in Q1 over poor supply

The federal governments subsidy payment in the electricity sector dropped to its lowest level in the last two years due to the erratic power supply and load shedding experienced on the national grid in the first quarter of the year.

According to the Q1 report produced by the Nigerian Electricity Regulatory (NERC), the government incurred [] ONLY AVAILABLE IN PAID PLANS