The Nigerian Federal Government plans to increase electricity tariffs over the next few months, aiming for a cost-efficient and cost-reflective system to attract private investment. However, there will be subsidies for lower-income users. This follows a previous tariff hike in 2024, amid ongoing...
Nigeria faces severe fuel shortages as petrol landing costs hit N978/liter. The government denies subsidy reinstatement despite projected allocations. Long queues and black market sales plague consumers. Experts call for collaboration between stakeholders to address the crisis. The situation...
In an exclusive interview on Channels Television's Politics Today program, Minister of Power, Adebayo Adelabu, disclosed that the Federal Government (FG) is persisting with electricity subsidy payments despite the recent tariff hike for Band A consumers. The revelation sheds light on the complex...
A consortium of investors from the US and South Korea has offered to invest the sum of $10 billion in the Ebonyi Independent Power Project (EIPP) by the end of September.
The investors made commitment to invest in the Nigerian energy sector Thursday when the …
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