Nigeria’s annual upstream Capital Expenditure drops to $6bn- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure has decreased from 27 billion dollars in 2014 to less than six billion dollars in…
It’s official: Telecoms Investment in Nigeria now $75.6bn – Danbatta
HIGHLIGHTS Sector adds N10.126 trillion to GDP in 2022 Active voice subscriptions reached 221.3 million Internet subscriptions crests 159.6 million The Executive Vice Chairman (EVC) of the Nigerian Communications…
NCC seeks identification, elimination of risks in telecom sector
The Nigerian Communications Commission (NCC) has embarked on a regulatory step to sensitize the industry about the need for proper and continuous risk identification with the view to managing…
NERC seeks input from general public, stakeholders on proposed extraordinary tariff review for 11 DisCos
April 26, 2021 The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos). NERC, which is the regulator…
Nigeria needs $3tr to bridge infrastructural deficit – Osinbajo
Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. Referencing statistics available in the Nigerian Integrated Infrastructure…
DisCos advocate CBN funded massive metres roll-out project
Power Distribution Companies (DisCos) have advocated a Central Bank of Nigeria, CBN, funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday…
DisCos call for an enabling environment To help drive power sector investment
Electricity Distribution Companies (DisCos) in Nigeria have called for the creation of enabling environment to ensure cost recovery and further drive investments in the nation’s power sector. The Chief Executive…
NCC Concludes Process For Subsidy Disbursement to InfraCos to Boost Broadband Penetration -Danbatta
L-R: Joshua Egba, Business Development Specialist West Africa, USTDA; Thomas Hardy, Acting Country Director, USTDA; Prof. Umar Garba Danbatta, Executive Vice Chairman, NCC; Senator Olabiyi Durojaiye, Chairman of the…