Nigerians To Pay More On Electricity As FG Targets 65% Increase To Reflect Production Cost

LAGOS FEBRUARY 2ND (NEWSRANGERS)-The federal government has said that for electricity tariffs to reflect the actual cost of production, some Nigerians might need to pay over 65 per cent of what they are currently paying for a kilowatt/hour of electricity. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, told Bloomberg that Nigeria’s power…

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Nigerians Face National Blackout As Gas Producers Cut Supply To Gencos Over N2.7tn Debt

 LAGOS DECEMBER 13TH (NEWSRANGERS)-Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies, fresh findings by The PUNCH have shown. The Chief Executive Officer of the Association of Power Generation Companies, Dr Joy Ogaji, disclosed the latest development…

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Hardship:Nigerians Battling Depressions  Troop To Psychiatric Hospitals

  LAGOS OCTOBER 28TH (NEWSRANGERS)-As Nigeria grapples with worsening economic conditions, citizens are increasingly raising alarms about the impact on their mental well-being, with anxiety, depression, and even suicidal thoughts on the rise across the nation. Amid skyrocketing costs of food, transportation, and healthcare, the economic crisis has severely reduced purchasing power, leaving millions struggling…

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