FG discovers potential investments totaling $23 billion in the field of energy transition
The Minister of Power, Adebayo Adelabu, revealed on Monday that the Federal Government has pinpointed investment opportunities totaling approximately $23 billion in Nigeria.
These opportunities...
Dangote Refinery obtains approval to process 300,000 barrels per day of crude oil
Africa's wealthiest individual, Aliko Dangote, has announced that his refinery has obtained a license to process over 300,000 barrels of Nigerian crude daily and...
According to Mohammed Idris, the removal of subsidies has resulted in a significant savings of ₦1.45 trillion by FG
The Nigerian federal government has successfully accrued savings of approximately N1.45 trillion between June and September by eliminating the subsidy on Premium Motor Spirit,...
Power: Tinubu advocates for a N2 trillion recapitalization of Discos and a comprehensive review of tariffs
President Bola Tinubu, speaking on Monday, expressed his concerns regarding the inadequacies of Nigeria's power sector privatization, noting that it had fallen short of...
FG’s decision to revoke 97 dormant marginal oil fields
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has announced the Federal Government's intention to revoke approximately 97 marginal field awards.
This decision...
