NewsDirect

NewsDirect

Commencement of AfCFTA excites MOMAN

The Major Oil Marketers Association of Nigeria (MOMAN) says it is excited by the commencement of the African Continental Free Trade Area Agreement (AfCFTA) because it can transform Nigeria into a petroleum products refining hub. Mr Tunji Oyebanji, Chairman, MOMAN,…

44,068MW stranded as power sector loses N645.15bn

The cumulative revenue lost by the power sector in 2020 was N645.15 billion, while the total quantum of electricity constrained during the period was 44,068 megawatts, investigation has shown. Constrained power is the quantum of electricity that could not be…