ELECTRICITY: Liquidity crisis worsens as FG pays 4% of N1.9trn subsidies

By Obas Esiedesa, Abuja The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with fresh data showing it paid only N76.95 billion (about four percent) of the N1.928 trillion subsidy required in 2025. Although the government budgeted N958 billion for electricity subsidies […] The post ELECTRICITY: Liquidity crisis worsens as FG pays 4% of N1.9trn subsidies appeared first on Vangua...

By Urowayino Jeremiah