The Senate has mandated the power committee to investigate the N2 trillion required for electricity subsidy payments, outstanding debts in the sector, and the status of metering in the nation. The upper chamber also opposed the Ministry of Power’s proposals to endorse proposed electricity tariff increases by distribution companies. Additionally, the Senate rejected the removal […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have committed to collaborating closely to realize the nation’s goals of attracting investments and increasing production. This agreement was reached during a courtesy visit by the Secretary-General of OPEC, Haitham al-Ghais, to the Group Chief Executive Officer of […]
The Enugu Electricity Distribution Company PLC (EEDC) has transitioned to its new vending system, SuperEdge. In a statement released by the company on Sunday, the migration comes after a successful rollover on Saturday, in preparation for the STS prepaid meter upgrade. Mr. Emeka Ezeh, the Head of Corporate Communications at EEDC, confirmed the development, stating […]
Jumia Nigeria has responded to recent actions by the Lagos State government, which led to the sealing of its Yaba office. The Lagos State Government, acting through the Lagos State Wastewater Management Office (LSWMO), responsible for overseeing all wastewater activities in the state under the Lagos State Ministry of the Environment and Water Resources, sealed […]
Making a argument for the development of gas in Nigeria, Seplat Energy Plc, a prominent Nigerian independent energy company, has asserted that gas development provides a clear solution to Nigeria’s immediate challenges and serves as a long-term transition fuel. Mr. Effiong Okon, the Director of New Energy at Seplat Energy, expressed this view while delivering […]
The federal government of Nigeria is laying the foundation for a significant $2.5 billion carbon market through the establishment of a new committee. Officially inaugurated by Nigeria’s Vice President, Kashim Shettima, the Intergovernmental Committee on Carbon Market Activation Plan aims to develop a systematic blueprint for a sustainable carbon market, aligning with President Bola Ahmed […]
Sustainability has become a key focus for many businesses around the world. Between climate change and dwindling natural resources, people are more aware than ever of their impact on the wellbeing of the planet. In South Africa, 98% of adults are willing to make changes to combat sustainability issues. Meanwhile, 76% of people believe businesses should do more […]
According to the report on climate change and security in West Africa published by the Stockholm International Peace Research Institute (SIPRI), the changing climate conditions in the region are impacting natural resource availability, biodiversity, and agricultural productivity. The report predicts unprecedented changes in temperatures and rainfall in the next 10 to 20 years. Currently, West […]
