Friday, 27th May 2022
<To guardian.ng
Search

VP Osinbajo promises Govt would open electricity supply market to new investors

By TVC News Nigeria
20 August 2019   |   9:51 am
VP Osinbajo promises Govt would open the electricity supply market to new investors

Related

5 Sep 2020
As part of efforts to bridge its metering gap and get fair power supply pricing for users, Nigeria’s government has approved a one-year deferment of the 35 per cent Import Adjustment Tax imposed on fully built unit electricity meters. While the levy was initially imposed to encourage local production and protect investments in the local assembly of electricity meters, efforts are now more focused on ensuring more meters are rolled out. Executive Vice-Chairman and CEO of Proton Energy, Oti Ikomi joins CNBC Africa for more.
11 Sep 2020
Here is why you should pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday.⁣⁣ ⁣⁣
15 Sep 2020
Fuel-electricity price hike: Civil society groups mobilise for a protest on Wednesday
16 Sep 2020
Nigerians lament an increase in prices after the oil-rich nation dumped a controversial petrol subsidy system in the face of a coronavirus budget crunch. Authorities announced an end to the subsidies earlier this year, as falling oil prices robbed Nigeria of a major chunk of its revenues. Increasing the pain for average Nigerians, the government has also almost doubled the cost of electricity from 33 to more than 60 naira per kilowatt. The manager of a printing and embroidery company describes the impact these changes will have on his production.
16 Sep 2020
Nigeria's major capital market regulator has put out guidelines on how the investing community in Nigeria should classify cryptocurrencies and digital assets. The Securities and Exchange Commission also gave a three-month ultimatum for already existing digital assets to register their offerings. Chuta Chimezie, Founder and Coordinator, Blockchain User Group and Sam Chidoka, MD and CEO of Kairos Capital joins CNBC Africa’s Christy Cole for this discussion.
22 Sep 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣
1 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
10 Oct 2020
Ordinary South Koreans rushed to pour more than $50 billion into the initial public offering for the management agency of K-pop sensation BTS.
16 Oct 2020
The Federal Government has extended the suspension of the new electricity tariff by one week. The tariff was suspended when organised labour suspended the planned industrial action over agitation on the hike in electricity tariff on September 28.
6 Nov 2020
Stock markets across Europe and Asia saw gains in trading this Thursday as Joe Biden won key states in the US presidential election. As vote-counting continues, investors are increasingly betting that Biden will secure the presidency, but see the Democrats failing to secure a majority in the Senate. FRANCE 24's Business Editor Stephen Carroll looks at the latest market reactions, and how some key industries could be affected by a Biden win.
18 Nov 2020
FG urges investors to utilise digital technology to solve local, global challenges
17 Dec 2020
The cryptocurrency has been on a tear this year, growing by almost four times since March lows. Is Bitcoin primed for another bust? The crypto aficionados have other ideas.