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Santacruz Silver Mining Ltd. is pleased to announce that is has entered into a binding term sheet dated March 28, 2024 with certain Glencore entities to amend certain transaction documents in connection with the prior sale by Glencore of its Bolivian... - Veroeffentlicht am 04.04.2024
Mr Oseni said the new rate will be imposed only on consumers, who represent 15 per cent of the population but consume 40 per cent of the nation’s electricity.
The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu.
The Nigerian Midstream Downstream Petroleum Regulatory Authority has announced an increase in the price of natural gas.
The President Bola Tinubu-led Nigerian government on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu. Nigeria generates over 70 per cent of its electricity from thermal power plants that are fired by gas. Therefore, the rise in the cost of the commodity may lead to a hike in the tariff payable by power consumers once the Nigerian Electricity Regulatory Commission (NERC) carries out another tariff review.