LAGOS AUGUST 1ST (NEWSRANGERS)-The Catholic Bishops Conference of Nigeria, CBCN, yesterday raised the alarm that the removal of fuel subsidy without cushioning the effects has put the country on the brink of collapse. The bishops’ alarm came as Nigeria Employers Consultative Association, NECA, pleaded with the Federal Government to urgently address the pains of the…
LAGOS AUGUST 1ST (NEWSRANGERS)-A coalition of civil society organisations, on Monday, stormed the streets of Osogbo, Osun State capital, to protest against economic hardship, among other challenges being faced by Nigerians. The protesters were against the recent petrol subsidy removal, Naira floating and other reforms of the President Bola Tinubu-led administration. Recall that the group…
LAGOS AUGUST 1ST (NEWSRANGERS)-Nigeria has saved over 1 trillion naira ($1.32 billion) in just over two months by scrapping a popular but costly subsidy on petrol and moved to unify its multiple exchange rates, President Bola Tinubu said on Monday. Tinubu is under pressure as prices soar following the country’s boldest reforms in decades, which…