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Nairaland Forum / Nairaland / General / Politics / Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion (7371 Views)
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Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by SmartPolician: 10:31am On Aug 05 |
The electricity subsidy obligation of the federal government rose from N252.76 billion in the last quarter of 2023 to N633.30 billion in Q1 of 2024, a report by the Nigerian Electricity Regulatory Commission (NERC) has revealed. Source: https://www.thisdaylive.com/index.php/2024/08/05/federal-governments-power-subsidy-soars-by-151-to-n633-30bn/ 1 Like
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Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by SmartPolician: 10:32am On Aug 05 |
So the FG is still paying power subsidy? I no understand this country again oh! 36 Likes 3 Shares |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by trutharena: 11:17am On Aug 05 |
This is a great move by the FG! Investing in power is crucial for our development. Let's keep the momentum going and ensure that every Nigerian enjoys the benefits of this subsidy. Progress is happening! 32 Likes 3 Shares |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by MissKudoswrite(f): 2:01pm On Aug 05 |
Hmm |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by MarveworldG: 2:01pm On Aug 05 |
May Nigeria succeed 🙏 Dear moderator, the last ban and deleting our post was quite unfair. Please be considerate, we beg you |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by saddler: 2:01pm On Aug 05 |
Nigeria failed a long time ago. They are just trying to patch it and in the process loot the country 5 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by OkpaNsukkaisBae(m): 2:01pm On Aug 05 |
They should return petrol subsidy too 6 Likes 1 Share |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by phemmie06(m): 2:02pm On Aug 05 |
I smell something fishy |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by MadamVanessa(f): 2:02pm On Aug 05 |
This fraudulent government of Tinubu 😲😲 9 Likes 2 Shares |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by saintbillion(m): 2:02pm On Aug 05 |
Tinubu must die. 3 Likes 3 Shares |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by mrvitalis(m): 2:03pm On Aug 05 |
We can't continue like this na |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Shurtman79(m): 2:03pm On Aug 05 |
Very soon very soon everything go soon clear I dey talk am |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by nony43(m): 2:03pm On Aug 05 |
When una ready , we go come and agree on how we go take share this country into 4. 2 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Risingblue008(m): 2:04pm On Aug 05 |
For apc mind They are workin Jaga jaga government 5 Likes 2 Shares |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Kobojunkieee: 2:04pm On Aug 05 |
SmartPolician:Tinubu's many "Avoid eliminating the criminals and problems in the system, but punish the people," policies are no good for Nigeria at all abeg! What am I even saying? This is the same government that is noted to be engaged in bribery and corruption schemes left, right, and center. How can the same be expected to reasonably resolve any of the real issues impacting the people? 2 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Brendaniel: 2:04pm On Aug 05 |
It's soaring as the dollar soars against the naira , Tinubu.... 1 Like |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by emmafineboy(m): 2:04pm On Aug 05 |
Rubbish 🗑️ 2 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by iwaeda: 2:05pm On Aug 05 |
SmartPolician: Yet they have increased the banding of people to Band A, Paying premium. What do you believe in APC, lies their trademark. 2 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by YeyeGbami: 2:05pm On Aug 05 |
CalabarPikin: Armed Forces flag 35 Likes 1 Share |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by GboyegaD(m): 2:05pm On Aug 05 |
The current governs is a colossal failure. How do you explain this subsidy with the increasing rate per Kilowatt? 3 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by davinero1: 2:05pm On Aug 05 |
I can bet my hungry balls that not even up to 50% of that figure actually goes into subsidizing power at all. Hunger wants to finish somebody 7 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by CalabarPikin: 2:06pm On Aug 05 |
If them explain this country give you and you understand, that means them no explain am well 1 Like |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Salewa97: 2:06pm On Aug 05 |
The increase in power subsidy is a clear indication that the federal government is committed to ensuring affordable electricity for Nigerians. Yes, it’s a hefty sum, but the priority should be on stabilizing our power sector for the long-term benefit of all citizens. Let's support the government's efforts to harmonize tariffs and gradually phase out subsidies. It’s all about creating a sustainable energy future for Nigeria! 27 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by CalabarPikin: 2:07pm On Aug 05 |
Please, I've been wanting to ask the reason for the other flag behind our president yesterday...any idea..? 1 Like
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Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by chiiraq802(m): 2:07pm On Aug 05 |
Guy!!! mk FG just give me dat #633.30 Billion....and I will Japa and leave them with there faithful supporters. |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by gaby(m): 2:07pm On Aug 05 |
Everything and everywhere just dey collapse... I am ashamed and disgusted to finally realize and admit that Buhari is smarter and a better administrator/manager than Tinubu. As bad as Buhari seemed/was oh... 3 Likes |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Manculated: 2:07pm On Aug 05 |
saintbillion: AMEN!!!! |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by OkCornel(m): 2:12pm On Aug 05 |
Dear Sycophants. On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy. This is almost one year. How far with your messiah’s plan? https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival 1 Like |
Re: Federal Government’s Power Subsidy Soars By 151% To ₦633.30 Billion by Elidrisy20: 2:14pm On Aug 05 |
CalabarPikin:that is Russian flag, he has committed a treason 1 Like 1 Share |
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