Naija don run am again! Omo, Federal Government don propose wetin fit shock some people: dem wan deduct N3.6 trillion from Federation Account to fund electricity subsidy for the next three years, that na 2026, 2027, and 2028. This one na serious matter wey fit change plenty things for how we dey run our electricity for this country.
According to report wey una go find inside PUNCH, dis move meant to share the burden of electricity subsidy among federal, state, and local governments. You sabi say dis electricity subsidy matter don dey cause wahala across the power sector, plus e dey choke the liquidity wey dey flow. Wetin this government dey try to do na clear the air around this matter and make sure say everybody dey see wetin wey dey happen.
The plan show say dem don calculate N1.2 trillion for electricity subsidy for 2026, and e go still dey that way for 2027 and 2028. This one na indicator say government dey serious about stabilizing this electricity sector. Dem go remove this money from the Federation Account before dem share the remaining cash to states and local governments.
Budget Office Director-General, Tanimu Yakubu, talk say President Bola Tinubu don give strong order to make sure say everybody contribute their share for this electricity bill. Him talk say,
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