Port Disruptions Cost Nigeria N5bn Daily - Report
A new report reveals street protests and unregulated port charges cost Nigeria up to N5bn daily, fueling inflation. SEREC urges urgent policy reforms to save the economy. Read the full analysis.
Category : Search result: energy costs Nigeria
Manufacturers Decry Exorbitant Energy Costs, Erratic Supply
Nigerian manufacturers face crippling energy bills up to N220m monthly, hindering competitiveness. Despite Band A promises, outages persist, forcing reliance on costly alternatives.
Africa Sidelined in Global Renewable Energy Jobs Boom
A new IRENA/ILO report shows Africa captures minimal jobs from the clean energy transition despite vast potential. Discover the causes and urgent need for industrial policy.
Agents Protest Shipping Charge Hike, Shut Down MSC Apapa
Clearing agents in Apapa have halted operations at MSC to protest a sharp increase in shipping tariffs, warning it will worsen inflation and raise import costs for Nigerians.
Marketers Resist Cutting Petrol Prices Below Dangote Rate
Independent oil marketers explain why petrol prices remain above Dangote Refinery's N739 benchmark, citing high logistics costs. Discover the factors shaping Nigeria's fuel price war.
EFCC's N3.2bn Food, Cleaning Budget Sparks Outcry
EFCC's 2026 budget allocates over N3.2bn for meals, cleaning & fuel. Analysts warn of wasteful recurrent spending & weak budget impact. Details inside.
Tinubu Hails Otedola, Elumelu for Landmark Energy Deals
Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.
AlphaESS Opens Nigerian Subsidiary for Energy Transition
AlphaESS inaugurates its Nigerian subsidiary, committing to local support and long-term partnership to accelerate Nigeria's renewable energy transition. Learn about the new 'Shine 30·30·30' ESG initiative.
Energy Emerges as Decisive Factor in Global AI Race
The global AI race is pivoting from chips to energy. With data centres demanding massive power, reliable electricity is now the key advantage. See how the US, China, and Europe are positioned.
Nigeria Reviews Tariffs to Support Local Manufacturers
The Federal Government has begun a review of Nigeria's tariff framework to strengthen industrial competitiveness and reduce production costs for domestic manufacturers. Read more.
500 Youths Trained in Solar Energy, Unlock Market Opportunities
500 young Nigerians graduate from GreenWorks Africa's solar energy programme, gaining skills to tap into the multi-billion Naira clean energy market and tackle unemployment.
High Stowaway Costs Burden Shipowners in West Africa
West African ports impose heavy fines and repatriation costs on shipping companies for stowaways, with incidents costing up to $30,000 each. Nigeria's shipping association criticizes the policy as unfair.
Lady Switches to Solar, No More Blackouts
Nsikak Effiong spent N800k on fuel before installing solar. She now enjoys 24/7 power, gave away her power bank, and says it's the best decision ever.
Lagos One-Bedroom Rent Hits ₦20.9m in 2025
A new report shows Lagos rents have skyrocketed, with a one-bedroom in Eko Atlantic costing ₦20.9m annually. Discover the full breakdown of prices across the city and the economic factors driving this surge.
Traders Lament High Costs at Calabar Festival Village
Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business
NIPCO to Boost Stake in Savannah Energy to 26.5%
Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
Expert Calls for FG Action on Energy Efficiency Policies
Dr Romanus Osabohien urges Nigerian govt to implement energy efficiency policies to tackle insecurity, climate change & economic volatility. Read key insights from his new book launch.
Nigeria Has World's Cheapest Domestic Fares - AirPeace
AirPeace Chairman Allen Onyema claims Nigerians pay the world's lowest domestic airfares, with tickets under $60, explaining high airline mortality rates. Discover the full story.
Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
All On's Clean Energy Reaches Over 1 Million Nigerians
All On's 2025 Impact Report reveals its clean energy investments have improved lives for over one million Nigerians. Discover how strategic funding is bridging the energy gap.
Bollywood Profits Squeezed by Star Fees, Entourages
Bollywood producers reveal how stars' multi-million dollar fees and lavish demands for entourages and trailers are crippling film finances. Discover the industry's call for change.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Feed Costs, Input Access Challenge Nigeria Poultry Farmers
Despite being Nigeria's most commercialised livestock segment, poultry farmers face high feed costs and limited input access. The Minister of Livestock reaffirmed commitment at the LAPO Chicken Fair, highlighting collaboration for food security.
Osun Trains 1,000 in Waste-to-Energy Conversion
Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
Osi Suave Says Rising Costs Are Killing Detty December
Media personality Osi Suave warns that Detty December's fun is fading due to greed and soaring costs. He reveals why he skipped his 2025 concert. Read his full analysis.
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
State Airlines Cut Airfares, Offer Relief to Travellers
Nigerian travellers get relief as state-owned airlines like Ibom Air introduce lower fares, reducing costs on secondary routes from N350,000 to around N150,000. Discover how this impacts the economy.
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