President Bola Tinubu has directed that the proposed National Gas Infrastructure Command Centre (NGCC) be financed entirely through private investment under a Public-Private Partnership (PPP) framework.
President Bola Tinubu has approved the payment of ₦2.8 trillion to power generation companies (GenCos) as the Federal Government’s verified liability for accumulated electricity subsidies dating back to 2010.
PENGASSAN Slams Tinubu's Oil Revenue Executive Order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, describing the directive as...
Tinubu’s Executive Order Could Boost FG, States, LGs Allocation by N15trn
The federal, state, and local governments may receive additional revenue allocations of about N14.57tn following the recent Executive Order signed by President Bola Tinubu, directing that royalty oil, tax oil, profit oil, profit gas,...