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US Tariff puts Non-Oil Exports at Risk – Trade Minister

The Federal Government of Nigeria has finally responded to the recent imposition of a 14% tariff on Nigerian exports by the United States.

Telecom Tariff Hikes: Should Load Shedding Be an Option? By Zekeri Idakwo Laruba

Telecom Tariff Hikes: Should Load Shedding Be an Option? By Zekeri Idakwo Laruba   There are three basic needs for human survival: food, shelter, and clothing. However, as society progresses and technology evolves, our needs expand beyond these essentials. Today, electricity and telecommunications services have become...

Tariff Hike: Telcos Warn of Imminent Shutdown

Tariff Hike: Telcos Warn of Imminent Shutdown   Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions. For the...

Amidst Hike in Tariff, Power Generation Crashes to 3,383MW

Amidst Hike in Tariff, Power Generation Crashes to 3,383MW The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in power supply as on-grid generation fell to 3,383 Mega Watts as at 3pm yesterday. According to the...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal...

NERC May Okay Tariff Hike As Electricity Subsidy Hits N2.8tn

NERC May Okay Tariff Hike As Electricity Subsidy Hits N2.8tn   There are strong indications the Federal Government may consider the request by power distribution companies for a review of their tariff, as the government spending on electricity subsidy has risen to N2.8tn. A new report by...