Tariff Gap Persists as Power Subsidy Hits ₦418bn Despite Market Reforms
The Federal Government incurred a subsidy obligation of ₦418.79 billion in the fourth quarter of 2025, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). In its 2025 Q4 report, NERC stated that the total amount invoiced by Generation Companies (GenCos) for energy supplied to Distribution Companies (DisCos), alongside the Differential Remittance […]



































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































