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Day: December 2, 2022

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Oil derivation refund: Nine oil producing states receive N625.43bn in two years, N1.1trn outstanding -Presidency

December 2, 2022 Adeola Oredola

The Nigerian Government has released a total of N625.43 billion being 13 percent oil derivation refunds from the Federation Account...

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African leaders identify investment in energy, infrastructure as prerequisite to achieving 2063 continent’s development goals

December 2, 2022 Adeola Oredola

Oredola AdeolaAfrican leaders have identified the need to invest more of the national budgets significantly on energy and infrastructure in...

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Hike in prices of petroleum products, persistent power failure, insecurity may shrink Nigeria’s GDP further by 2023 – Dr. Olawale-Cole, President LCCI

December 2, 2022 Adeola Oredola

Oredola Adeola The Lagos Chamber of Commerce and Industry (LCCI) has warned that significant spike in the price of diesel,...

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ECOWAS member states kick off Phase II of regional electricity market, entrench competition, governance

December 2, 2022 Adeola Oredola

Oredola Adeola The Council of Ministers of ECOWAS has launched the second phase of the regional electricity market to guarantee...

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