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NERC To DisCos: Don’t Revert To Service Reflective Tariff

NERC To DisCos: Don’t Revert To Service Reflective Tariff       The Nigerian Electricity Regulatory Commission on Monday said it had directed power distribution companies not to revert to the September 1 service reflective tariff. Chairman of the commission, James Momoh, said Discos had been asked to abide...

Data Protection: Nigeria’s Success Story

Data Protection: Nigeria's Success Story By Isiaku Ahmed       In 2018, the European Union (EU) began the implementation of the General Data Protection Rule (GDPR), which regulates the processing of data by an individual, a company or organization relating to individuals in the EU. The following year,...

Pantami: One Year of Digital Economy Ministry and the Pathway to National Development

Pantami: One Year of Digital Economy Ministry and the Pathway to National Development By Inyene Ibanga     The 23rd day of October, 2019 is going to remain a memorable day in the history of the Federal Ministry of Communications and Digital Economy. On that day, President Muhammadu Buhari...

Consumers Paid N76.5bn Extra For Petrol After Deregulation

Consumers Paid N76.5bn Extra For Petrol After Deregulation       More than N76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year. After the Federal Government deregulated the downstream sector of the oil industry on March...

Buhari Allocates N509bn For Pension Liabilities

Buhari Allocates N509bn For Pension Liabilities       President Muhammadu Buhari has appropriated a total of N501.19 billion to offset pension liabilities in the 2021 budget proposal. He made this known during his 2021 Budget Speech: Budget of Economic Recovery and Resilience at The Joint Session of the...

Budget 2021: FG Earmarks N152bn For Electricity

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...