2376 MSME’s to proceed with electrical energy subsidies – FBC Information

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2376 purposes for sponsored electrical energy charges have been authorized by the federal government.

That is to cushion the affect of excessive vitality costs on micro, small and medium enterprises and improve their COVID restoration journey.

MSMEs with a turnover of lower than $1.25 million pay industrial electrical energy charges at residential charges, with the federal government subsidizing the distinction.

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This system was initially rolled out from August 1st 2021 to January thirty first 2022, however this system has now been prolonged from the primary of this month to July thirty first 2022.

 


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