Sanyade Okoli, MD Travant Capital Advisory Limited, speaks on inflation and the Nigerian economy

In the midst of the fuel scarcity crisis, NNPC promised that over 2.3 billion liters of PMS would be delivered before the end of February 2022 to totally arrest the situation. That promise is yet to be fulfilled as Nigerians are left stranded, filling stations packed with long queues, and the pump price increase. ⁣ ⁣

Amid supermarket food rationing, a truck drivers' strike over petrol prices and rising inflation in Spain, the country's economy minister tells FRANCE 24 that it's "essential" for Madrid to be allowed to take measures to bring electricity prices down. "We're working with the Commission to have an authorisation to decouple our energy market and thus stop this price increase […] It doesn't make sense that Spanish and Portuguese citizens do not benefit from the fact that we have for instance at least 50 percent of our generation from renewables. This is very cheap and clean energy and our citizens should benefit from these low prices," Nadia Calviño explains.

Here are a few reasons to pick up a copy of The Guardian on Saturday⁣. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣

Chancellor Olaf Scholz's government has firmed up its plans for addressing the energy crisis as the country heads into winter. The plans still need to win the approval of Germany's state leaders.

Russian airstrikes on power plants have left many Ukrainian cities with little or no electricity. Attacks have also knocked out water supplies in several areas. Fighting rages on, with multiple front lines across the country.

Nigeria’s House of Representatives’ Committee on Public Accounts has summoned the Managing Director of Nigeria Bulk Electricity Trading over the ₦‎4 trillion debt owed by some international electricity customers since 2018.

Find these stories and much more when you grab a copy of The Guardian on Friday.⁣

Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣

The Socio-Economic Rights and Accountability Project has filed a lawsuit against Nigeria’s President over the failure to reverse what it describes as unlawful and unjust increase in electricity tariff.

South Africa’s President Cyril Ramaphosa was forced this week to cancel a trip to Davos by an escalating energy crisis that is inflicting rolling blackouts on the continent’s most developed economy.

Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣

South African President Cyril Ramaphosa has declared a national "state of disaster" over the country's rolling power shortages. Energy provider Eskom says its ageing coal-fired power plants cannot keep up with demand and it's been imposing scheduled cuts. The blackouts are weighing on business activity and South Africa's economic growth.