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Brace yourselves, as Nigerians may soon face a significant increase in electricity tariffs, potentially exceeding 40%. This development could mark the end of all energy subsidies in the country. Currently, there is a monthly subsidy of approximately N50 billion in the electricity sector due to revenue shortfalls. The upcoming tariff hike, scheduled for July 1,…

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Subsidy: Tech Firm To Digitalise Road Transport Sector

Damilare Irelabi2 years ago02 mins

Edited by Damilola Adeleke Nairaxi, a privately-owned organization, has announced its plans to digitize the transportation sector in the Federal Capital Territory (FCT) of Nigeria. This initiative is being undertaken in collaboration with the FCT authorities and other state governments that are willing to partner with Nairaxi to mitigate the impact of fuel subsidy removal…

NLC Fumes As New Electricity Tariff Takes Effect July 1, 2023

Subsidy: Tech Firm To Digitalise Road Transport Sector