•Energy The federal government, yesterday, increased the wholesale price of gas to power plants by 11 per cent from $2.18 per MMBTU to $2.42/mmbtu (Million British Thermal Unit), leaving power generation companies with additional cost. The gas companies had since January this year reduced supply to power plants following years of unpaid invoic...
The federal government yesterday in Abuja, asked for more time to fix the nation’s electricity challenges as 17 generation and distribution licenses are due for revocation or renewal tomorrow. Just like previous administration had done without meaningful solution since the power sector was privatised 10 years ago, President Bola Tinubu, Minist...
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