FG To Spend $600m Yearly On Electricity Subsidy

The Federal Government has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 as part of efforts to reform the power sector. The subsidy, expected to last until 2027, aims to bridge the gap between cost-reflective tariffs and regulated electricity rates, while the government works towards eliminating the metering…

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Nigerians Defend Corrupt Politicians Yet Complain About Corruption — EFCC Chairman Olukoyede

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says Nigerians condemn corruption yet rally behind corrupt leaders when they are being prosecuted. Olukoyede said underdevelopment would be a thing of the past if every citizen sees corruption as a common enemy. “Everybody is crying that Nigerians are corrupt, that the system…

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