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Subsidy

15 Results / Page 1 of 2
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BUSINESS

Tinubu stops electricity tariff hike, insists on subsidy

President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal Government would investigate the legality of the five-year licence extension given to privatised power distribution and generation companies, stressing that the operating licences of the firms would have expired on October 31, […]

todayNovember 9, 2023 58

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SPORTS

Undefeated Makhmudov vows to ‘destroy’ Fury, Joshua

Tyson Fury and Anthony Joshua remain two of the biggest names in the heavyweight division, with clear targets on their backs for any man looking to make a statement as the next big thing. Fury remains undefeated in his campaign, a two-time heavyweight champion who is just one fight away from challenging to become the first undisputed titlist in the division since Lennox Lewis. That was always a goal of Joshua’s, […]

todayOctober 16, 2023 24

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BUSINESS

Sahara Group promotes intra-African collaboration

Leading energy conglomerate, Sahara Group is set to reinforce its call for more intra-African collaboration and investments towards enhancing access to energy on the continent at the Africa Energy Week 2023 scheduled to hold in Cape Town from October 16 – 20. An annual event, the AEW brings together leaders, innovators, and experts in the energy sector to discuss and shape the future of energy in Africa. The 2023 theme […]

todayOctober 16, 2023 74

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NEWS

Fleeing driver rams into stationary truck, dies

A yet-to-be-identified driver has reportedly died while trying to escape from being attacked on the Lagos-Ibadan Expressway. The accident reportedly involved one blue Mercedes Benz truck with number plate RBC110XJ and one ash Toyota Sienna car with number plate EKY240HA.

todayOctober 16, 2023 37

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BUSINESS

12.5kg cooking gas hits N12,500

Price of 12.5kg of Liquefied Natural Gas or cooking gas has increased to N12,500 Market survey by our correspondent revealed that gas retailers had jerked up prices of 12.5kg from N10,000 reported towards the end of last month, to around N12,500 in Lagos.

todayOctober 5, 2023 82

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NEWS

Chicago varsity releases Tinubu’s records to Atiku

Chicago State University, United States of America has released to former Vice President Atiku Abubakar the academic records of President Bola Tinubu. The CSU released the documents to Atiku on Monday in compliance with the order of a United States District Court in Northern District of Illinois. In ordering the CSU to release Tinubu’s academic record, a US district judge dismissed the President’s objection. The judge ruled: “For the foregoing […]

todayOctober 3, 2023 81

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NEWS

Two sisters killed in Ogun building collapse

Abiodun in the Ifo Local Government Area of Ogun State, collapsed and killed their two daughters on Saturday.The incident, it was gathered, occurred due to a mudslide following a downpour.The 16-year-old Suliyat and her 25-year-old elder sister, Nofisat, were trapped in the collapsed building

todaySeptember 11, 2023 19

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BUSINESS

NNPCL intensifies anti-theft battle as oil output declines

The Nigerian National Petroleum Company Limited is stepping up efforts to combat oil theft in the Niger Delta, as the country’s oil production continues to plummet, writes OPEOLUWANI AKINTAYO In an update on its fight against crude oil theft in the country in July, the Nigerian National Petroleum Company Limited said it uncovered 162 illegal pipeline connections and illegal refineries in the Niger Delta, mostly in Bayelsa State. In a two-minute […]

todaySeptember 5, 2023 8

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BUSINESS

Vandalised pipelines: Marketers predict more fuel queues

Petrol queues lingered across Lagos and Ogun states on Wednesday, just as oil marketers predicted tougher days ahead in terms of product availability. Several motorists were seen on queues at filling stations across the states with some oil sector operators saying the fuel scarcity might not go away any time soon. In an update on the prevailing situation, the Chairman of Satellite Depot, Independent Petroleum Marketers Association of Nigeria, Lagos, […]

todayAugust 31, 2023 10

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