WIRE — The Federal Government spent ₦358.32 billion on electricity subsidies between January and March 2026 to offset the gap between the actual cost of electricity generation and the tariffs paid by consumers, the Nigerian Electricity Regulatory Commission (NERC) has disclosed. The regulator said the subsidy burden declined from the ₦418.79 billion recorded in the final quarter The post FG paid ₦358.3bn to cushion electricity tariffs in first quarter of 2026 — NERC appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
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