Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity Regulatory Commission showed that the subsidy on power was approximately N178bn in January.
It rose to N194bn in February, N192bn in March, and N194bn in April. The Federal Government is therefore going to pay a sum of N198.42bn as electricity subsidy in April.
The PUNCH reports that the amount is N5.82bn higher than the N192.6bn incurred as subsidies in March.
The April Multi-Year Tariff Order released on Thursday by the Nigerian Electricity Regulatory Commission showed that the Federal Government is still paying about half of the weighted average cost-reflective tariff for customers on Band B to E.
While Band A customers pay over N209 per kilowatt-hour, customers on other bands pay an average of N116/kWh for electricity.
According to the MYTO order, customers under the Ibadan power distribution company will gulp N24.29bn as subsidy, up from N23.58bn in March. From N27.77bn in March, Abuja Disco customers get N28.642bn as their subsidy in April.
