Tinubu establishes presidential taskforce to design new reforms in petroleum sector

President Bola Tinubu has established a presidential taskforce to design new reforms in Nigeria’s petroleum sector. The move aims to improve efficiency, enhance transparency, and boost investment in the energy industry. The taskforce will review existing policies, identify bottlenecks, and propose actionable strategies to modernize the sector. It will also engage stakeholders, including oil companies, […]

Ekiti State Grants Licenses to Investors for Local Electricity Generation and Distribution

Ekiti State is taking a big step towards achieving energy independence with a new initiative that promises better power supply and management. Recently, the state government granted licenses to 14 investors in the electricity sector to help generate and distribute electricity across Ekiti. Here’s what this means: The licenses have been given to: This setup […]