N-power suspension, petrol price hike speculations... 7 business stories to track this week

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The federal government says it will suspend the N-Power programme indefinitely for proper investigation and restructuring.N-Power is a social investment scheme set up by the administration of former President Muhammadu Buhari in 2016 to address issues around youth unemployment and entrepreneurship.

However, in a statement on Thursday, NNPC’s retail subsidiary said it values the patronage of its customers., chairman of the presidential committee on fiscal policy and tax reforms, asked Nigerians to come together to demand that the nation’s refineries remain moribundSani Musa, the chairman of the committee, on Saturday, said the proceeds from the sale could be invested in the mining sector to create jobs for Nigerian youth.

The ceremony, which took place in Abuja on Thursday, had 47 firms — both local and international — submit bids for the procurement of 1.25 million electricity metering devices.

 

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