The Federal Government has ordered immediate payment of the N150 billion bridging cost for fuel products’ delivery across the nation owed marketers. The order was given at the Aso Rock Presidential Villa in Abuja after a two-hour closed-door meeting President Muhammadu Buhari’s Chief of Staff...

The Nigerian Electricity Regulatory Commission has declared that without an increase in electricity tariff payable by consumers or an intervention in form of subsidy from the Federal Government to the power firms, the country would not be able to get the steady power supply. But...

Following the myriad of suggestions favouring adjustment in the price of petrol, the board of the Petroleum Products Pricing Regulatory Agency (PPPRA), the agency responsible for fixing fuel price, will meet on Thursday to consider among other issues, the review of the petroleum product...

...Seeks Support for ‘Green Bonds’ Projects There are strong indications that the federal government is considering granting further tax holiday to investors in the power sector in its bid to help stimulate investment in the sector. A top government source told THISDAY that the Minister of...

Nigeria spent N2.596 trillion to import 24.4 billion litres of petroleum products consumed in the country last year, a report released by the National Bureau of Statistics (NBS) has shown. Analysis of the NBS petroleum products imports statistics for the last quarter of 2016 released...

International airlines operating in Nigeria have outlined their demands before they can effectively fly to the Kaduna International Airport once the Nnamdi Azikiwe International Airport, Abuja is closed for a six week repair on its runway, beginning from March 8. The airlines made their demands...