Tinubu Targets 25,000 Jobs, $2.5Bn from Compressed Natural Gas Scheme   Federal Government under President Bola Tinubu is targeting over 25,000 job creation and $2.5bn worth of investment from the Compressed Natural Gas (CNG) scheme in the nation’s economy by 2027. The Programme Director and Chief Executive of...

Electricity Tariff May Drop If Exchange Rate Falls Below N1,000 – Adelabu The Minister of Power, Adebayo Adelabu, says the N225 Kilowatt-Hour being paid by electricity consumers on Band A will reduce if the exchange rate falls below N1,000 to a dollar. Adelabu said this Thursday...

Umahi Knocks Atiku's Claim, Says Lagos-Calabar Coastal Highway Cost N4bn per kilometre The Minister of Works, David Umahi, has said the government is constructing the Lagos-Calabar coastal highway at a total cost of N4bn per kilometre and not the N8bn per km reportedly claimed by...

N1,200 Diesel Price Cut will Ease Nigeria's Inflation - Dangote The Chairman of Dangote Group, Alhaji Aliko Dangote, has said that the significant cut in the diesel price to N1,200 will have a positive effect on inflation in Nigeria. He disclosed this during a Wednesday briefing...

NNPCL Advocates Natural Gas Production for Economic, Industrial Growth  The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development. Kyari spoke Wednesday at the public presentation...

FG Projects N1.5tn Savings from Tariff Hike In light of the recent increase in electricity tariffs for Band A customers, the Federal Government has projected to save N1.5tn this year from the hike. It also stated that about 2.5 million meters would be installed this year...