President Bola Ahmed Tinubu has assented to the Electricity Act 2023 which was initially passed by lawmakers in July 2022. The Electricity Act will replace the Electricity and Power Sector Reform Act of 2005. It provides a framework to guide the post-privatization phase of the Nigerian Electricity Supply Industry (NESI) as well as encourage private […]
Tag: Pres Tinubu
Fuel Subsidy Removal Will Not Take Immediate Effect Till End Of June – Tinubu
Nigeria’s newly inaugurated President, Bola Ahmed Tinubu has given a more detailed analysis as regards the decision to remove fuel subsidy on petroleum products across the nation. According to a statement released by his media team on Tuesday, May 30th 2023, President Bola Tinubu’s declaration that “subsidy is gone” is neither a new development nor […]