The Federal Government incurred a total of N536.4bn in electricity subsidy obligations in the first quarter of 2025 alone, amid its struggles to pay over N4tn debt owed to power generation companies.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total sum of N28.11bn in miscellaneous oil revenue tied to licensing fees and renewals within the first five months of 2025.
A newly launched African Single Electricity Market (AfSEM) High-Level Oversight Committee at the African Union Headquarters in Addis Ababa is set to lay the foundation for the world’s largest electricity market.
Dangote Refinery's steady supply of petroleum products has attracted more independent marketers, swelling the ranks of distributors retailing its products nationwide.
