Nigerian Manufacturers Convene Energy Summit Amids Public Electricity Costs
With Nigeria’s power supply remaining inconsistent and expensive, manufacturers face significant challenges in maintaining production costs and scaling their operations.
Dangote, Oil Marketers Bickering Snowballs In Court Case
The constant bickering between Dangote Industries Limited, the owners of the Dangote Petroleum Refinery, and oil marketers has snowballed into a court case at the Federal High Court in Abuja.…
Soaring Cost of Petrol: Is Govt’s Push for CNG- Driven Vehicles Behind It?
▪︎Image of a CNG car / GoCNG Could the government’s push for the adoption of vehicles driven by Compressed Natural Gas(CNG) be the driving force behind the frequent hikes in…
MAN says hike in petrol pump price inevitable
Segun Ajayi-Kadir, the Director – General of Manufacturers Association of Nigeria (MAN) says the increase in the domestic petrol pump price is inevitable, given the writing on the wall. ”…
Nigeria, Equatorial Guinea Signs Deal for Gas Pipelines
(Industrial Times, Nigeria) President Bola Tinubu’s discussions with the President Teodoro Mbasogo of Equatorial Guinean, resulted in a signed agreement on a gas pipeline for the Gulf of Guinea. This…
FG Exempts Electricity, Gas Companies From Withholding Tax
▪︎ Wale Edun The Federal Government has categorised all electricity companies, including the Generation and Distribution Companies (GenCos and DisCos), as those exempted from the payment of Withholding Tax in…
Tinubu: It’s Shameful We’re Still Generating 4.5GW of Electricity
▪︎Image: President Bola Tinubu; Aliko Dangote, and Wale Edun. Source : State House photo ” As a nation, it is so shameful that we are still generating 4.5GW of electricity,”…
KEDCO Slams N5bn Lawsuit On Manufacturers Association
The lawsuit was a counter-action taken by the DisCo following the rejection of the new tariff hike by MAN, Kano Branch and its over 41 members.
NNPCL Chief Assures Judicious Use of Afreximbank’s Project Gazelle Funding
The US$925 million accordion arrangement raises the total amount disbursed to US$3.175 billion.
Reps to Investigate MDAs Investments in Renewable Energy
In December 2023, the World Bank approved a $750m facility to boost renewable energy in Nigeria, to provide over 17.5m Nigerians with improved access to electricity through distributed renewable energy…