Tag: Drops
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Just in: Inflation rate drops for third consecutive month to 17.24%
National Bureau of Statistics on Tuesday said the Consumer Price Index which measures inflation dropped from 17.26 per cent in March to 17.24 per cent in the month of April. The NBS in the report stated that the 0.02 per cent points in inflation rate make it the third consecutive month of decline in the…
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Power generation drops from 4,285mw to 3,321mw
The nation’s power generation capacity on Thursday dropped from 4,285 megawatts recorded on Sept. 16 to 3,321 megawatts on Dec. 1 due to dearth of gas information from the website of Nigerian Electricity System Operator has shown. The Transmission Company of Nigeria (TCN), puts the total output of all the generation companies at 3,321.50 megawatts,…