The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
Energy Policy
-
BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
-
BusinessEconomyEnergyGovernment PolicyOil & Gas
Experts Fault FG’s Proposed 15% Tariff on Fuel Imports, Warn of Rising Hardship and Monopoly in Petroleum Market
A public policy analyst, Rotimi Matthew, and several operators in Nigeria’s oil and gas sector have criticised the Federal Government’s proposed 15 per cent tariff on fuel imports, describing it …
-
BusinessEconomyEnergyMarketsOil & GasPolitics
Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
-
BusinessEconomyEnergyGOVERNMENTPolitics
Nigeria: Tinubu’s effort to resturcture the ailing oil sector
President Bola Ahmed Tinubu has started major reforms in Nigeria’s oil sector, as the country continues to face serious problems like low oil production, poor financial records, and mismanagement. The …
-
BusinessEnergyGOVERNMENTSouth AfricaSouthern Africa
South Africans Grapple with Escalating Electricity Tariffs Amid Economic Strain
In a move that has intensified the financial strain on many households, South Africa is set to implement a 12.7% increase in electricity tariffs effective April 1, 2025—a date dubbed …
-
EconomyEnergyGOVERNMENTInfrastructureNigeriaWestern Africa
Federal Government Allocates N471.69 Billion for Electricity Subsidies in Q4 2024
The Federal Government of Nigeria has provided N471.69 billion in subsidies to support the nation’s electricity sector during the fourth quarter of 2024. This subsidy accounts for approximately 57% of …