Category : Search result: electricity tariff increase


Nigeria, UAE waive tariffs on 13,000 goods

Nigeria and the UAE have signed a landmark trade deal, eliminating tariffs on 13,000 goods. The agreement promises to boost exports, attract investment, and improve air connectivity. Discover the details and impact.

FG, ASUU to Sign Long-Awaited Agreement Today

The Nigerian Government and ASUU are set to sign a landmark agreement today, formally ending the 16-year industrial crisis. The event at TETFund Auditorium awaits key officials.

FG, ASUU Set to Sign Long-Awaited Agreement

The Nigerian Government and ASUU are finally set to sign a fresh agreement today, ending a 16-year industrial crisis. The event at TETFund Auditorium marks a new chapter for university education.

Petrol Prices to Rise as FG Enforces 0.5% Levy

The Federal Government has begun strict enforcement of a 0.5% levy on wholesale petroleum, a cost experts warn will trickle down to consumers. Find out what this means for your pocket.

EKEDC Downgrades Lagos Feeders from Band A to E

EKEDC has downgraded seven Lagos feeders, moving some customers from Band A to Band E and slashing daily power supply to as low as four hours. Discover the affected areas and the public outcry.

FG, ASUU to Sign 40% Salary Deal Next Week

The Federal Government and ASUU will officially sign the 40% salary increase agreement on January 14, 2026, in Abuja. This marks a major step towards ending the long-standing industrial crisis in Nigerian universities. Read the full details here.

New Tariffs to Make Nigeria's Ports 55% More Expensive

Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.

Lawmakers Must Revisit Beverage Excise Bill, Experts Warn

Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.

IBEDC Blames Outages on Reduced Grid Supply

IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.

3-Hour Power Outage in Anambra This Sunday

FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.

ASUU Accepts FG's 40% Salary Deal for Lecturers

Nigerian university lecturers are set for their most significant salary boost in over a decade as ASUU finalises a deal with the Federal Government. See the new salary structure and details of the agreement here.

China Announces Zero-Tariff Policy for Nigerian Goods

China pledges zero-tariff access for Nigerian exports, accelerating economic ties. This move aims to deepen bilateral cooperation and mark 55 years of diplomatic relations. Explore the details and implications for Nigeria's trade future.

China to Implement Zero-Tariff on Nigerian Exports Early

China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.

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