The Federal Government has announced an upward adjustment in the price of natural gas for power generation companies, signaling a potential increase in electricity tariffs. Effective immediately, the new price stands at $2.42 per metric million British thermal unit (mmbtu), up from the previous rate of $2.18mmbtu. As Nigeria heavily relies on gas-fired thermal power … Continue reading Electricity Tariff Set to Increase as FG Raises Gas Prices