Tag
ENERGY COSTS
Dangote Cement Plc and BUA Cement Plc spent a combined N797.1 billion on energy in the first nine months of 2026.
The Centre for the Promotion of Private Enterprise (CPPE) has warned that rising energy costs could reverse Nigeria’s recent disinflation gains, despite headline inflation easing to 14.63% in September 2026.
Africa recorded an average electricity price of $0.141 per kilowatt-hour (kWh) for residential consumers and $0.134 per kWh for businesses in the third quarter of 2026.
The Federal Government has announced plans to host a national stakeholders’ dialogue aimed at addressing the persistent challenges of exorbitant energy costs and unreliable power supply in Federal Tertiary Health Institutions across the country.