Nigeria’s electricity regulator says the federal government shouldered a power subsidy of about N418.8 billion in the fourth quarter of 2025, reflecting the gap between what generators billed and what distribution companies could pay. The massive subsidy underscores the fiscal strain on the budget and may
By Mather Godwin  The Federal Government incurred a subsidy obligation of N418.79 billion in the fourth quarter of 2025, Q4’25 according to data from the Nigerian Electricity Regulatory Commission, NERC). The electricity market regulator in its Q4’25 Quarterly report, noted that total amount invoiced by the GenCos for energy delivered to each DisCo and the Differential […] The post FG incurs N418bn power subsidy appeared first on Vanguard News.