Confusion As Subsidy Returns …NNPC Pays N5.4bn For Under Recovery

LAGOS AUGUST 31ST (NEWSRANGERS)-Amidst confusion in the downstream petroleum industry, concerning its deregulation, subsidy on Premium Motor Spirit (PMS), also known as petrol, has once again resurfaced, as the Nigerian National Petroleum Corporation (NNPC), weekend, said it incurred N5.35billion as under recovery in June, 2018. Under-recovery, also known as subsidy, occurs when the pump price…

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All Lagos Schools To Reopen In September

LAGOS AUGUST 29TH (NEWSRANGERS)-Lagos State Governor, Babajide Sanwo-Olu, has ordered the reopening of tertiary institutions effective September 14. “I am pleased to announce that our tertiary institutions will be allowed to reopen from September 14, 2020, all our tertiary institutions,” the governor announced during a briefing on Saturday at the State House, Marina. Schools in…

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