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Justrite, Norwegian company sign $6.5m solar energy deal

Empower New Energy, a Norwegian renewable energy company, has signed a $6.5 million solar deal with Justrite, a Nigerian supermarket chain. The deal is to replace diesel generation with solar

13% derivation: Eight oil-producing states received N144bn in Q1 2022

Eight oil-producing states in Nigeria received N144.31 billion from the federation account in the first quarter of 2022. The amount is a statutory allocation of the 13 percent derivation formula

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