News

FG Pays N200bn Monthly As Electricity Subsidy – Tinubu’s Aide

Sharing is caring!

Federal Government says it spends N200bn to subsidise electricity monthly.

This is contain in a statement by The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen.

Verheijen was reacting to reports quoting her as stating that the electricity tariff would soon be jerked up by two-thirds in order to strengthen the power sector

However, the Special Adviser did not deny the looming tariff hike, maintaining that she did not say the tariff would be raised by 65 per cent.

Leave a Reply

Your email address will not be published. Required fields are marked *