3 weeks ago
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President Bola Tinubu-led Federal Government has approved a 50% subsidy on electricity consumption for hospitals across the country. This move aims to reduce operational costs and alleviate patients' financial burden.
The Minister of Power, Adebayo Adelabu, had previously committed to subsidizing electricity for hospitals and universities, including those connected to Band-A feeders.
Source: Twitter
Dr. Tunji Alausa, Minister of State for Health and Social Welfare, confirmed the subsidy's approval. He stated that the subsidy aims to ease financial pressures on public hospitals, improving their ability to provide essential healthcare services without passing the full cost of electricity to patients.
The subsidy will be exclusively available to legitimate health and educational institutions, excluding private businesses operating within these facilities. These private enterprises often charge their customers commercially and should not benefit from the government subsidy.
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Minister Adelabu emphasized that hospitals and educational institutions are essential social services. However, private businesses operating within these institutions should not exploit the subsidy for profit.
To ensure the subsidy is applied correctly, the government has initiated a comprehensive data collection process to identify and meter all businesses within these institutions accurately.
This effort aims to prevent public funds from being used to subsidize private enterprises, resulting in unjust profits. The government is committed to ensuring that the subsidy benefits only those directly related to healthcare and education.
Source: Legit.ng
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