Energy

Subsidy removal: Tinubu seeks N500bn for palliatives

To cushion the effect of subsidy removal on Nigerians, President Bola Tinubu has written to the National Assembly seeking N500…

3 years ago

Kyari: NNPCL’ll sell shares soon

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited, Mele Kyari, says the NNPCL will issue…

3 years ago

Senate probes NNPCL’s subsidy regime

The Senate has constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company…

3 years ago

NNPCL intercepts vessel with 800,000 litres stolen crude oil

A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by…

3 years ago

Tinubu assures Africa’s largest gas project completion

President Bola Tinubu says his administration will support Nigerian firm, UTM Floating Liquefied Natural Gas Limited, and its foreign partners…

3 years ago

IBEDC: NERC yet to approve electricity tariff hike

The Ibadan Electricity Distribution Company (IBEDC) says the Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on…

3 years ago

Marketers: We won’t increase fuel to N700 per litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump…

3 years ago

World Bank: How subsidy removal’ll affect vulnerable Nigerians

The World Bank has stated that without adequate compensation, the removal of fuel subsidy will impact negatively on Nigerians. The…

3 years ago

Abuja DisCo makes U-turn, says no hike on electricity tariff

The Abuja Electricity Distribution Company (AEDC) has urged its customers to disregard the planned tariff increase from July 1, 2023.…

3 years ago

Tinubu: Why I included fuel subsidy removal in my inaugural speech

President Bola Tinubu has revealed the reasons behind the announcement of the removal of subsidy on Premium Motor Spirit (PMS),…

3 years ago

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