The auditors of NNPC have raised doubts over the inability of the Corporation to continue as a going concern following rising and humongous losses.
The Federal Government plans to inject N198.27 billion on various capital projects in the power sector across Nigeria in 2021.
The average price per litre for Kerosene increased from N346.53 in August 2020 to N347.98 in September 2020.
NNPC has stated that it reduced its loss by 99.8% in 2019.
The idea was to promote “going electric” and “clean energy” in Egbin.
DPR has rolled out guidelines for the establishment and operations of downstream gas facilities.
FG announces the extension of the suspension of the new electricity tariff by another one week.
Labour and FG have reached an agreement to cut electricity tariff for 3 months and supply millions of free meters.
Discos have been warned to compensate consumers should they fail to supply them the required amount of electricity in the new tariff regulation.
FG, following its estimation claims alternatives to petrol, could be much cheaper.