It was another sad story in the National Assembly as Senate Okey Ezea, the last man standing in the Labour Party, has reportedly died outside the country.
NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
Some suspected criminals have vandalised the networks of the Abuja Electricity Ditribution Company (AEDC) leading to power outage in key government offices.
Statistics from the CBN reveal that Nigeria earned about $195 billion exporting crude oil between 2017 and 2021 but experts say Nigeria could have earned more.
Despite the fact that Nigerians are without electricity, power distribution companies in Nigeria have declared a record profit in the last 12 months of 2021.
Nigeria now generates about 3,904 megawatts of electricity for its over 200 million population which experts say is very little as the country needs 12,000MW.
Despite the massive reduction in oil revenue to the coffers of the government NNPC has revealed how it made over N370 billion exporting gas to other countries.
Findings by the Economic and Financial Crimes Commission have shown how Grace Taiga, an ex-Director, Ministry of Petroleum Resources took part in the P&ID scam.
The Nigeria National Petroleum Corporation says about 116.46 litres of fuel worth N18.88 billion was stolen in 2021, saying the loss occurred via various route.
Unemployment has been a huge challenge for Nigerian youths over the years. However, a solar-powered company says it will be empowering over 100 Nigerian youths
Despite the erratic power supply in Nigeria, the Central Bank of Nigeria (CBN) said it disbursed N1.3trn to the power sector in country in the last 5 years.
Energy
Load more