Aira, a Swedish heat pump group, will open a 300 million euro ($320.9 million) heat pump…
Search Results for: fuel subsidy
Higher Tariffs Slash Electricity Subsidies to N1 Trillion
Minister of Power Adebayo Adelabu announced that introducing higher tariffs in Band A has reduced electricity…
Gas Minister, Ekpo Commissions 5.2 mmscfd CNG Plant in Isolo, Lagos
On Thursday, May 30, Nigeria’s Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, commissioned a 5.2 million…
Germany Boosts Hydrogen Power in Renewable Energy Push
Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…
Ogunbiyi Presents E-mobility Plans for NorthEast
United Nations’ special representative for sustainable energy, Damilola Ogunbiyi, has highlighted plans for e-mobility deployment in…
Adelabu Advocates for Gas Pricing in Naira
The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…
Nigeria Imports 23.5 Billion Litres of PMS in 2022
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria imported 23.5 billion litres of…
Mutual Trust MFBank Launches Solar Loan Initiative to Promote Clean Energy
Mutual Trust MFBank Limited, a prominent financial institution in Nigeria, is leading in providing loans of…
FCMB Offers households, SMEs N10 Million Loan for Clean Energy
First City Monument Bank (FCMB) is offering Nigerian households and small businesses looking to acquire solar…