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The Federal Government granted about N19.662 billion in waivers and exemption to energy firms in the country in five months, between January and May 2014.The amount is 51.23 per cent of the N38.381 billion allocated to water resources in the 2014 budget...

The much-anticipated growth spurt in the Nigerian metering market has yet to come on stream as the new investors in the electricity distribution companies (Discos) continue a slower-than-expected deployment of prepaid meters even as consumers are poised...

The Nigerian Electricity Regulatory Commission has said it will not allow the importation of electricity meters into the country as long as local manufacturers have the capacity to meet demand. The NERC said it was committed to promoting local content...

08 April 2014, Lagos - The international oil companies (IOCs) operating in Nigeria began divestment from some onshore and shallow-water assets in the Niger delta region about four years ago. The reasons for the spate of divestments by oil major...

A total N215 billion in import duty exemptions was granted in four years, between 2011 and May 2014 under the leadership of ex-President Goodluck Jonathan. Most of the waiver deals, it was gathered, were sealed during midnight visits to the presidential...