The national grid collapsed once again on Wednesday. According to data obtained from the independent system operator (ISO), the megawatt (MW) generated dropped from 2,917.83 (MW) to 1.5 (MW) between…
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Category: Economy
NNPC targets global markets with $60 billion gas expansion plan
The Nigerian National Petroleum Company Limited states that the country aims to attract $ 60 billion in new investments over the next five to seven years to expand its gas…
Read More NNPC targets global markets with $60 billion gas expansion plan
Association accuses NUPENG of extortion, excessive levies on tanker owners
As PTD Passes Vote of No Confidence on NUPENG Leaders The Association of Distributors and Transporters of Petroleum Products (ADITOP) has accused the Nigerian Union of Petroleum and Natural Gas…
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Strike: Dangote, NUPENG talks deadlocked
A meeting convened by the federal government to resolve NUPENG’s strike against alleged Dangote Refinery’s anti-union practices ended in a stalemate at dawn. The government, through the Ministry of Labour…
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Speaker Abbas raises alarm on Nigeria’s rising debt under Tinubu, says reckless debt fuels corruption
Our reporter/ Speaker of the House of Representatives, Abbas Tajudeen, on Monday raised alarm over Nigeria’s rising debt profile, warning that it has crossed the country’s statutory threshold and now…
Read More Speaker Abbas raises alarm on Nigeria’s rising debt under Tinubu, says reckless debt fuels corruption