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BUSINESS

FG to shut errant filling stations as petrol hits N1,000/litre

Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit, popularly called petrol, at between N900 and N1,000/litre. Owners of these stations seem not to care about the cost of the product at retail outlets operated by the Nigerian National Petroleum Company. Petrol prices at NNPC stations range from N568 to N617/litre. This often leads to queues at the stations. As Nigerians […]

todayAugust 27, 2024 11

BUSINESS

Power generation hits three-year high of 5,105MW

The Minister of Power, Adebayo Adelabu, has announced that Nigeria’s power sector generated 5,105 megawatts of electricity on July 27, 2024, describing it as a three-year high. Adelabu announced this at the inaugural meeting of the Inter-Ministerial Power Sector Working Group in Abuja on Wednesday. While highlighting the recent achievements and future goals for the power sector, the minister said, “Just a few days ago, on July 27, we successfully […]

todayAugust 8, 2024 16

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