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Power sector: Flops, contradictions heighten call for Minister, Adelabu s sack

Minister of Power, Adebayo Adelabu's recent contradictions on the transfer of electricity regulatory oversight to the state has added to his collection of

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Tinubu keeps mum as Nigerians suffer outrageous electricity tariff hike

President Bola Ahmed Tinubu kept mum as the recent 240 per cent electricity tariff hike worsens the suffering being faced by Nigerians. DAILY POST reports

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Fuel: Oil marketers suggest to Dangote a price of N550 per litre – Opinion Nigeria

Over the weekend, it was revealed that the parties have been meeting and exchanging notes with respect to pricing, distribution, and margins to value chain participants, such as insurers and transporters.

Momoh oyarekhuaWumi iledareOlufemi soneyeAlhaji abubakar migandi garimaCentre for the promotion of private enterpriseEnergy industry economicsCorporate communicationsOil association of nigeriaPetroleum regulatory authorityNigerian national petroleum companyEmmanuel egbogah foundation for petroleumNigeria labour congressPetroleum marketers association of nigeriaDangote refineryIndependent petroleum marketers associationProfessor wumi iledare

Tariff Hike: DisCos returning consumers to Band A following discrepancy

Tariff Hike: DisCos returning consumers to Band A following discrepancy
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Tariff Hike: DisCos moving customers back to Band A due to inconsistency – Opinion Nigeria

Prof. Wumi Iledare, Professor of Petroleum Economics and Policy Research, commented: "The new tariff may be based on an increase in the wellhead price for gas. We must agree, however, that N68 per KWhr is a substantially lower price ceiling than the current market clearing price. N68 is likewise not close to the fair return price of an economic good with a declining marginal and average cost curves.

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