Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
Search Results for: electricity subsidies
Adelabu Says Unpaid Debt, Low Gas Responsible for Poor Power Supply
The minister of power, Adebayo Adelabu, has blamed the epileptic power supply on the underutilisation of…
NIGERIA: Expert Decries Petroleum Subsidy Regime
Nigeria spent an estimated ₦12 trillion on fuel subsidy in 12 years ₦30 billion spent on…
Pay More! The Only Story There is
Pay more! The only story there is, happens to be the everyday happening in Nigeria, not…
NIGERIA: FG Borrowed to Fund Sector Shortfall – World Bank Report
FG borrowed $1.3 trillion in four years to fund shortfalls Consumers pay less for consumption GenCos…
KENYA: Kenya Secures $750 Million World Bank Funding
Kenya secures $750 million World Bank funding Funding to finance the Last Mile Electrification project The…
NIGERIA: Tariff Shortfall May Reach ₦3trn in 2023
Current policy doesn’t allow for a cost-reflective tariff World Bank projects tariff shortfall to rise by…
It is important that we have a regulator that is fair – Etomi
George Etomi urges government to improve investor confidence Says NERC must act in a fair manner…
ECOWAS to Invest $380 Million in Electrifying Public Institutions in 18 Countries
The Economic Community of West African States (ECOWAS) Commission has announced plans to invest $380 million…
Shell Halts Norway Blue Hydrogen Project Amid High Costs
Shell will no longer pursue its blue hydrogen project in Aukra, Norway, citing high costs and…