Olu Verheijen, special adviser to Nigeria's president on energy, clarifies her comments about electricity tariff hikes. She explains the 2024 tariff increase covers 65% of supply costs, with subsidies in place. Government initiatives like the Presidential Metering Initiative and targeted...
Nigeria's new government, under the leadership of President Bola Tinubu, has set an ambitious target: doubling the nation's oil output to 2.1 million barrels per day (bpd) by December 2024. This claim follows the country's recent success in securing $13.5 billion in investment pledges from major...
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