The manufacturing sector’s expenditure on alternative energy sources for the production of electricity for its operations hit N45.036 billion in the second half of 2021. This represents an increase of 12.86 per cent from the N32.18 billion recorded in the […]
Day: 31 May 2022
Good Tidings for Nigeria’s LPG Sector
The efforts being made by some Nigerian companies to increase the fleet of vessels dedicated to bringing Liquefied Petroleum Gas into the country and other African nations will markedly enhance the product’s availability in the country. Also, it will also boost […]
Manufacturers’ Spending On Alternative Power Soars to N425bn, Discos Abandoned
Manufacturers spent N425 billion on alternative energy sources such as gas, low-pour fuel oil, diesel, and petrol between 2017 and 2021, according to The PUNCH’s computation of energy expenditure of members of the Manufacturers Association of Nigeria, MAN, within the period. This […]
Discos, Gencos, Others’ Revenue Shortfall Rises To N1.6tn
Total shortfall in the Nigerian power sector has reached N1.6trn in eight years, findings have shown. The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, revealed this to The PUNCH during a chat on Monday. According to […]
