The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50 megawatts (MW). In a statement on Thursday, Ndidi Mbah, TCN general manager of public affairs, said the new record was achieved on October 28. She said the power generated was efficiently transmitted[Read More…]
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Nigeria operates cheapest electricity tariff in West Africa – Mohammed
The Managing Director of Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed, said Nigeria has the cheapest electricity tariff in the West African sub-region, and called for immediate review of tariffs. According to him, an estimated N1.7 trillion had been spent to subsidise electricity industry in the last six[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]