Nigeria's Electricity Subsidy Falls N37 Billion as Lower Power Offtake Reduces Government Burden

Nigeria's electricity subsidy expenditure has declined by N37 billion, attributed to lower power offtake reducing the volume of subsidised electricity distributed. The reduction is being read as a signal of gradual fiscal progress in Nigeria's structurally stressed power sector, though the underlying supply constraint driving lower offtake is not framed as a positive development.