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Electricity Subsidy: Flawed tariffs assumptions, public welfarism and dying industry - Vimarsana News

Electricity Subsidy: Flawed tariffs assumptions, public welfarism and dying industry

From 2015 to 2023, Nigeria allocated N3.2 trillion for electricity subsidies, and in 2024, an additional N1.6 trillion is projected to be spent. This accumulates to an electricity tariff shortfall of N4.8 trillion over a span of about nine years. Despite these substantial subsidies, the state of electricity supply in the country is deteriorating under […]

Epileptic Grid: Navigating greed, politics, factory shutdowns - Vimarsana News

Epileptic Grid: Navigating greed, politics, factory shutdowns

In October, Nigeria’s Vice President Kashim Shettima, who also serves as Chairman of the Board of Directors of Niger Delta Power Holding Company (NDPHC) sat with manufacturers at the Agbara Industrial Zone in Ogun State to discuss how the zone could be electrified.

Electric Vehicles Can Rejuvenate Nigeria's Economy, Say E-mobility Experts - Vimarsana News

Electric Vehicles Can Rejuvenate Nigeria's Economy, Say E-mobility Experts

As the clamour for the commercialisation of electric cars gathers momentum, experts in Nigeria have called for information dissemination on the benefits to

Lithium Reserves, The New Investment Bride Reshaping Nasarawa's Economy - Vimarsana News

Lithium Reserves, The New Investment Bride Reshaping Nasarawa's Economy

In the last few years there has been a mad rush for Nasarawa State’s many mineral deposits which earned the state the tag; “Home of Solid Minerals”. The

How President Buhari's administration failed to provide constant power supply despite over $7.5b spent on transmission - Vimarsana News

How President Buhari's administration failed to provide constant power supply despite over $7.5b spent on transmission

Expected gains from more than $7.5 billion in loans received by President Muhammadu Buhari's government to restructure the power sector's transmission sector and ensure stable supply have remained an illusion, even till the government's termination.