The Commission in its official Twitter handle on Sunday advised electricity consumers to always check their monthly bills for tariff band (expected hours of daily power supply).
Akinrinade said while the government had fixed N165 per litre as the pump price of Premium Motor Spirit (PMS), the current realities in the market showed that the minimum the product should be retailed at the stations should be N180.
According to the Voice of the Customer report, Huawei SD-WAN received a total of 102 reviews and an overall rating of 4.9/5 stars from customers across industries around
Also decried high cost of operating their various fuel depots, astronomical increases in the cost of diesel used to power equipment and machinery in various depots and retail outlets.
He said that the removal of fuel subsidy would free the country’s economy from bondage, benefit the poor majority and possibly hurt the few affluent who were currently rich in the subsidy transactions.
MOMAN, as an Association, fears that the current supply framework cannot guarantee steady and consistent supplies to the country given the current state of Government finances and unpredictable international supply shortages.
He said LPG domestic consumption in the country has increased by 300%, from about 60,000 metric tonnes in 2007 to over one million metric tonnes in 2020.
Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal was a “recipe for disaster” given the current stress that the oil market is under.
The Authority in a statement, explained that the Authority paid N71,233,712,991 bridging claims and another N2,736,179,950.84 freight differentials to the Marketers as at 6th June, 2022
In his motion, Ogun said he was informed that as of 2002, the NNPC purchased crude oil at international market prices, which stood at 445,000 barrels per day.
Nigeria earned about N2 trillion from the latest round (2020/2021), as each of the awardees paid a total of N48 billion for fees and bonuses to earn the licence.
CHGC is majority owned and controlled by Axxela, which delivers natural gas to over 185 industrial and commercial customers via its gas infrastructure network across cities in Nigeria including Lagos and Port Harcourt.
