ENERGY
DisCos’ Revenue Soars 450% in Eight Years as Nigerians Continue to Battle Poor Power Supply
Revenue growth outpaces electricity supply improvement, raising fresh questions about the performance of Nigeria’s privatised power sector.
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Revenue growth outpaces electricity supply improvement, raising fresh questions about the performance of Nigeria’s privatised power sector.
The minister stressed that the intervention should not be interpreted as a return to the petrol subsidy regime.
With the arbitration dispute now decided, attention is expected to shift towards the Federal Government's next steps on the Mambilla project, particularly financing, contracting and implementation.
Petrol prices have surged to as high as ₦1,500 per litre in parts of Nigeria, following another increase in Dangote Refinery's gantry price amid rising global crude prices and renewed supply concerns.