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Energy

The Federal Government of Nigeria says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa […]

Retail outlets owned by the Nigerian National Petroleum Company Limited have effected an upward adjustment in the pump price of the Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. The new price template effected nationwide on Tuesday also increased NNPCL price in Lagos from N925 […]

Nigeria has adopted Smart Metering Systems as part of notable transformations aimed at enhancing revenue collection, reducing energy theft and providing accurate billing in the power sector Minister of Power, Chief Adebayo Adelabu made this known while delivering a Lecture on “Digital Transformation, Journalism, the Power Sector and the Future of Nigeria” at the 2024 […]


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