Brace Up for Fresh Electricity Tariff Hike, FG tells Nigerians The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special...

Nigeria's Energy Sector Secures $6.7bn Investment in 2024   Nigeria's energy sector saw a significant boost in 2024, with investments totaling $6.7 billion, according to Olu Verheijen, Special Adviser to the President on Energy. Verheijen revealed this in a report titled ‘Presidency Energy Sector Wrap-Up 2024’ released...

FG Targets 4mbpd Crude, 10bcf Gas in 2030 Nigeria is aiming for growth in its oil and gas production, targeting four million barrels per day of oil and 10 billion cubic feet of gas by 2030. This was disclosed in a statement by the Special Adviser...