
Energy







Following the removal of fuel subsidies, the World Bank has cautioned that a further increase in the price of petrol could jeopardize Nigeria's economic recovery.

FG has agreements with businesses to provide and install 1,437,500 smart meters throughout Nigeria Through the Bureau of Public Enterprises and DisCos

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said President Bola Tinubu's directive is responsible for the increase in oil output.

Customers are revolting against the 100 per cent increase in electricity tariffs by the Aba Power Electric company, and upgrading customers to higher bands

Filling stations continue to maintain the fuel price slash announced during the yuletide by the Nigerian National Petroleum Company Limited and Dangote Refinery.

Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil demands of Nigerian refineries.

Petrol buyers have raised allegations against filling stations over manipulation of fuel pump metres to dispense a lesser quantity of petrol for the amount paid.

Petroleum Marketers have reportedly begun product loading at the newly refurbished Warri refinery as they demanded petrol production from the facility.

Governor Babagana Zulum of Borno State has subsidised the cost of petrol to N600 per litre for farmers in communities affected by Boko Haram insurgency.
Energy
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