The Rural Electrification Agency (REA) has disbursed about ₦9 billion to support mini-grid projects in Taraba, Kogi, Kwara, and Niger States, as part of efforts to expand renewable energy access.
Nigeria’s crude oil production has risen to about 1.8 million barrels per day (mbpd), prompting local refiners and organised labour to renew calls for increased crude supply to domestic refineries and lower fuel prices.
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
Saudi Arabia’s non-oil private sector slipped into contraction in March for the first time in nearly five years, as escalating conflict in the Middle East disrupted supply chains and dampened business confidence.
