CPPE forecasts slight inflation moderation in 2025 due to Naira rebound and lower volatility. Rising global oil prices under Trump could ease inflation. High energy costs, insecurity, and global factors may keep inflation elevated. The Centre for the Promotion of Private Enterprise (CPPE) has predicted that Nigeria’s inflation may ease slightly in 2025. In a … Read more
Tinubu urges Nigerians to reduce electricity bills by switching off lights. Electricity and petrol price hikes have sparked public criticism. Edwin Clark calls on Tinubu to avoid nepotism in appointments. President Bola Tinubu has advised Nigerians to switch off their lights to help reduce electricity bills amidst rising energy costs. Following his inauguration in May … Read more
President Bola Ahmed Tinubu has approved a 50 percent electricity subsidy for federal universities, polytechnics, colleges of education, and various teaching hospitals. The announcement was made by Dr. Tunji Alausa, Minister of State for Health, during a press briefing in Kaduna. Dr. Alausa highlighted that the Ministry of Power is currently working on the details … Read more
Most Complaining About Tariff Hike Don’t Pay Bills – Minister. New tariff reduces Band A costs by 30-40%. Tariff aims to alleviate economic challenges, disputes cost increase claims. EKO HOT BLOG reports that Minister of Power, Adebayo Adelabu, has asserted that the Nigerians complaining about the recent tariff increase for Band A customers are primarily those … Read more