Nigeria Spends N358bn on Electricity Subsidies as DisCos Lose N198bn
Nigeria's power sector continued to struggle despite substantial government intervention, with the Federal Government spending N358.32 billion on electricity subsidies ...
Nigeria's power sector continued to struggle despite substantial government intervention, with the Federal Government spending N358.32 billion on electricity subsidies ...
Nigeria’s local content development framework is increasingly being recognised as a leading model for resource-rich African nations seeking to maximise ...
The International Monetary Fund (IMF) has thrown its support behind Nigeria’s ongoing electricity sector reforms, urging authorities to deepen efforts ...
A senior Nigerian government official has dismissed claims that locally produced Liquefied Petroleum Gas (LPG), commonly known as cooking gas, ...
The OPEC+ alliance has agreed to increase oil production quotas for July, extending its gradual supply expansion strategy as the ...
Nigeria’s chronic electricity shortages remain largely unresolved despite more than $3.6 billion in funding from the World Bank over the ...
Nigeria recorded a sharp rise in petrol importation in March 2026, even as government agencies continue to promote local refining ...
Newly confirmed Minister of Power, Joseph Olasunkanmi Tegbe, has revealed a five-point strategy aimed at improving electricity supply across Nigeria ...
Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to creating a business-friendly environment and supporting the Federal ...
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