National

Nigerian Government approves 50% electricity subsidy for hospitals

Voice Air Media, News Update

The Federal Government has approved a 50% electricity subsidy for public hospitals across Nigeria. This decision aims to reduce operational costs and ultimately alleviate the financial strain on patients.

Tunji Alausa, the Minister of State for Health and Social Welfare, announced the subsidy during a visit to the National Neo-Psychiatric Hospital in Barnawa, Kaduna, as reported by Daily Trust. He emphasized that this initiative is part of the government’s broader efforts to improve healthcare delivery in the country.

Read also: Manufacturers seek reversal of electricity tariff increase from 200% to 40%

The subsidy comes in response to the increasing overhead costs faced by hospitals, with energy expenses accounting for more than 40% of these costs, according to the Association of Nigeria Private Medical Practitioners (ANPMP).

Rising electricity tariffs, particularly for those in Band A, and the soaring cost of diesel have further exacerbated the financial challenges faced by these institutions.

Hospital administrators have voiced concerns over the escalating energy costs, which have significantly contributed to higher operating expenses. This cost is often passed on to patients in form higher medical bills.

YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174

VAM News

Recent Posts

Bandits Reject Ransom, Kill kidnapped Local Govt Director, Councillor

Bandits that reportedly abducted the Director of Planning with Talata Mafara Local Government Area of…

14 hours ago

Osun Amotekun Decorates Senior Officers In Major Rank Promotion Exercise

In a significant milestone aimed at strengthening operational efficiency and leadership structure within the Osun…

17 hours ago

OSUN 2026: Why Senator Iyiola Omisore Should Weigh His Options, By Oluwaseyi Adeniyi (ASP)

By Oluwaseyi Adeniyi (ASP) When a Landlord is beginning to tell a Tenant, "Don't you…

21 hours ago

How a Hit-and-Run Driver Killed Two Police officers in Osun

News Update THE Osun State Police Command has launched a manhunt for a driver involved…

22 hours ago

Full Text: Tinubu marks 3 years in office, defends subsidy removal, other

News Update STATEMENT BY PRESIDENT BOLA AHMED TINUBU (GCFR) ON THE THIRD ANNIVERSARY OF HIS…

1 day ago

OOPA Hails Yusuf Idowu’s Promotion, Cites Boost for Community Security in Osun

THE Osun Online Publishers Association has congratulated Yusuf Idowu Abass following his promotion to the…

1 day ago