Electricity subsidy falls 35% to N679bn in H1’26

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Nigeria’s electricity subsidy bill declined 35.27% to ₦679.58 billion in the first half of 2026, compared with ₦1.05 trillion in the same period of 2025. The regulator attributed the reduction partly to lower electricity purchases by distribution companies while tariffs remained below cost-reflective levels.

By Yinka Kolawole The Federal Government’s electricity subsidy bill fell 35.27 percent to N679.58 billion in the first half of 2026 from N1.05 trillion recorded in the corresponding period of 2025, as lower electricity off-take by distribution companies helped reduce the cost of keeping tariffs below cost-reflective levels. The Nigerian Electricity Regulatory Commission (NERC) stated […] The post Electricity subsidy falls 35% to N679bn in H1’26 appeared first on Vanguard News.