The Presidential Economic Advisory Council has asked the President, Major General Muhammadu Buhari (retd.), to remove subsidy on petrol and adopt a pricing regime that reflects the cost of the commodity.
The amount of electricity generated by wind and solar will have to rise dramatically by 2050 in order to reach the goals of the Paris Agreement, according to figures from consultancy Rystad Energy.
Stakeholders in the energy industry, on Thursday, called for cautious optimism and a public policy document as the Nigerian National Petroleum Corporation (NNPC) in Port Harcourt handed over the Port Harcourt Refinery to Tecnimont SPA for the commencement of the $1.5 billion rehabilitation project.
Nigerian Minister of Power, Engineer Sale Mamman says electricity distribution companies will soon begin the installation of four million free prepaid metres across the country.
