Fuel subsidy payment will cost states and local governments about N1 trillion in 2022, a letter from President Muhammadu Buhari has indicated. Buhari in the...
With the price of Brent, Nigeria’s crude benchmark touching $96.48 per barrel, the highest level since 2014, the amount paid to subsidized oil may hit N9bn,...
NSCDC warns fuel marketers against hoarding, hiking price. The Kwara Command of the Nigeria Security and Civil Defence Corps (NSCDC) has warned petroleum marketers against...
TCN takes delivery of 15 new power transformers for increased supply — official. The Transmission Company of Nigeria(TCN) says it had taken delivery of 15...
By Olabode Sowunmi III The entire value chain of the power sector is privatised except the Transmission backbone (TCN) which remains in govt hands. However the...
By Olabode Sowunmi III World War I was supposed to be a short war. Instead it sank into a stalemate and dragged on and on. It...
Independent Marketers urges public to report sale of adulterated petrol. The Independent Petroleum Marketers Association of Nigeria (IPMAN), Adamawa and Taraba chapter, has urged motorists...
The Transmission Company of Nigeria (TCN) has moved to reduce system losses in the power sector with the commencement of the digitization of old...
Scarcity : Fuel supply improving in Lagos. Availability of Premium Motor Spirit (PMS), also known as petrol, is improving in Lagos State, after days of scarcity...
Nigeria’s hope of escaping its financial woes is far from close, as once again, the Organisation of Petroleum Exporting Countries (OPEC) has ranked the country...