Skip to content

Live On Air

🎧 Listen Live 🔴

  • Home
  • Classic TV
  • Shows
  • The Crew
  • News
  • Events
  • Competitions

Governors propose phasing out of electricity subsidy

News

Governors propose phasing out of electricity subsidy

The Thirty-Six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity in the power sector.

This is contained in the Nigeria Governors’ Forum recommendations to the federal government on the state of power in the country, in which it highlighted that over the past 15 years, electricity subsidies and other financial interventions in the power sector have proven ineffective.

Furthermore, the governors noted that these subsidies have contributed to the inefficiency of power distribution companies (DisCos), resulting in inadequate service provision, while emphasizing that the subsidies predominantly benefit a small fraction of customers directly connected to the national grid.

Read another recent post here: https://classic94.fm/the-military-to-parade-at-eagles-square-abuja-on-democracy-day/

More Posts

Nigeria and St.Lucia Express Commitment To Establishing Diplomatic Relations

Nigeria and St.Lucia Express Commitment To Establishing Diplomatic Relations

Read More »
FG Terminates Suleja-Minna Road Contract, Threatens EFCC Action Against Contractor

FG Terminates Suleja-Minna Road Contract, Threatens EFCC Action Against Contractor

Read More »
FG to Recognise Intellectual Property as Collateral for Creative Industry Loans — Musawa

FG to Recognise Intellectual Property as Collateral for Creative Industry Loans — Musawa

Read More »
INEC Schedules Bye-Elections for August 16 Across 12 States

INEC Schedules Bye-Elections for August 16 Across 12 States

Read More »
  • 2025 Copyright © Megalectrics Limited
  • Privacy Policy
  • Terms
Facebook-f Instagram Twitter Youtube
Facebook-f Instagram Twitter Youtube
  • Copyright © 2021 Megalectrics Limited
  • Listen Live

Live On Air

  • About Us
  • Shows
  • The Crew
  • News
  • Contact Us

Classic 94.3 FM

Abuja

  • Port-Harcourt
  • Lagos
  • Privacy Policy
  • Terms
  • 2025 Copyright © Megalectrics Limited
Facebook-f Instagram Twitter Youtube
  • Listen Live

Live On Air

  • Home
  • Classic TV
  • Shows
  • The Crew
  • News
  • About Us
  • Contact Us
Facebook-f Instagram Twitter Youtube
  • Privacy Policy
  • Terms
  • Copyright © 2022 Megalectrics Limited