FG spends N321.26bn on power subsidy as DisCos collect N603.64bn

The Federal Government spent N321.26bn to subsidise electricity generation in the second quarter of 2026 as the Nigerian Electricity Regulatory Commission disclosed that electricity Distribution Companies collected N603.64bn from customers during the period. The subsidy, according to NERC’s second-quarter 2026 report, covered part of the cost of electricity generation as the government continued to maintain […] The post FG spends N321.26bn on power subsidy as DisCos collect N603.64bn appeared first on ThePointNG.

  News   Oct 6, 2026   0   17  Add to Reading List
FG spends N321.26bn on power subsidy as DisCos collect N603.64bn












The Federal Government spent N321.26bn to subsidise electricity generation in the second quarter of 2026 as the Nigerian Electricity Regulatory Commission disclosed that electricity Distribution Companies collected N603.64bn from customers during the period. The subsidy, according to NERC’s second-quarter 2026 report, covered part of the cost of electricity generation as the government continued to maintain […]

The post FG spends N321.26bn on power subsidy as DisCos collect N603.64bn appeared first on ThePointNG.

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