May 16, 2025
NNPCL yet to remit N500bn fiscal savings from PMS subsidy removal –World Bank
Although the subsidy was fully removed on October 1, 2024, NNPCL did not start transferring the resulting revenue gains to the Federation until January 2025.
How Africa should adapt to climate change
Adapting to climate change is expected to cost between 30 and 50 billion US dollars a year over the next decade, equating to 2-3% of Africa’s GDP.
Nigeria needs $10bn annually in 20 years for stable electricity supply, says Adelabu
The minister emphasised the government’s commitment to delivering sustainable and dependable energy to key national institutions.
Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion
The summit gave decision-makers a chance to discuss and delve into changes in demand, supply and trade of major fuels.
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