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The House of Representatives on Wednesday directed its Committees on Finance and Petroleum (Upstream and Downstream) to investigate reports from the Revenue Mobilisation Allocation and Fiscal...
The Nigerian National Petroleum Company (NNPC) Ltd has clarified that it is currently selling petrol (Premium Motor Spirit, PMS) at half of its actual landing cost,...
NERC Chairman warns of potential ₦3.2 trillion subsidy burden if electricity tariff hikes are reversed. Financial strains in the power sector highlighted, including issues with gas...
FG states that 85% of Nigerians are still enjoying electricity subsidy. Minister of Information highlights disproportionate subsidy distribution. New Electricity Act strengthens governance structure of NERC,...
Minority Caucus of the House of Representatives urges government intervention to revoke recent electricity tariff hike by NERC. NERC approved a significant tariff increase, sparking outrage...
Eko Hot Blog reports that Nigeria’s President, Bola Ahmed Tinubu, who turns 72 on March 29, 2024, has ordered that no celebration be put together for...
Eko Hot Blog reports that the removal of fuel subsidy on Premium Motor Spirit (petrol) by President Bola Tinubu in May 2023 has significantly boosted the...
Eko Hot Blog reports that Nigeria Labour Congress union members in Lagos assembled at Ikeja underbridge, singing, dancing, and urging the government to attentively consider their...
EKO HOT BLOG reports that Governor Babajide Sanwo-Olu of Lagos State will today travel to Beijing, the capital of China, for trade and investment discussions. During his...
EKO HOT BLOG reports that the Lagos State Government has announced an end to the 25% discount on transport fares across the Lagos State Public Transport System....