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Tag: Generators

Nigeria gets 40,000MW power from generators- FG
featured Oil and Gas

Nigeria gets 40,000MW power from generators- FG

The Federal Government announced on Tuesday that generators running on Premium Motor Spirit, also known as petrol, and those run on Automotive Gas Oil, also known as diesel, provide roughly 40,000 megawatts of electricity to Nigeria. According to The Punch, It was revealed during the ministerial summit on the Integrated National Electricity Policy and Strategic […]

Subsidy: Traders lament low generator sales
Business

Subsidy: Traders lament low generator sales

The sale of petrol generator sets in Nigeria has significantly decreased after President Bola Tinubu’s pronouncement on May 29 putting an end to fuel subsidies. According to Nairametrics, sales for all generator dealers fell significantly over the past month, with the majority of them unable to sell more than half of their regular stock. Market participants […]