The Special Adviser to the President on Energy, Mr. Olu Arowolo Verheijen has said he was reported out of context regarding an imminent 65 per cent increase in electricity tariffs. In a statement in Abuja on Monday, Verheijen said that what he said was that, following the increase in Band A tariffs in 2024, current tariffs now cover approximately 65 …

The Federal Government has settled for fiscal incentives in the Oil and Gas Sector to attract investments. Special Adviser to the President of Energy, Mrs. Olu Verheijen disclosed this during the ministerial press briefing in Abuja on Friday. She said the government was seeking for ways to grow revenue and foreign exchange to stabilize our economy and currency. She said …