The U.S. African Development Foundation (USADF) and All On announced that 13 wholly Nigerian-owned enterprises have emerged as winners of the 2021 Nigeria Off-Grid Energy Challenge. The annual Challenge is a multi-year partnership between USADF and All On to identify and scale innovative off-grid solutions to “power up” unserved and underserved areas in Nigeria. The…
LAGOS JANUARY 19TH (NEWSRANGERS)-The Nigerian Ports Authority (NPA) has said it is shopping for multilateral agencies that would fund the reconstruction of the Tin Can Island and Apapa ports in Lagos. The Acting Managing Director of NPA, Muhammed Bello-Koko who stated this in Lagos, said the Minister of Transportation, Rotimi Amaechi had directed the agency…
LAGOS JANUARY 19TH (NEWSRANGERS)-The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC) in November 2021. Moneycentral understands that this is part of the government’s plan to fully deregulate the PMS…
LAGOS JANUARY 9TH (NEWSRANGERS)-The just celebrated Christmas and New Year was marked with an expression of woe-begone by family members of a Customs officer, at their Lagos home. This followed the disappearance of their breadwinner, Mr Awo Iche Awo, on December 12, 2021, without a clue about his whereabouts. Awo who served in Onne-Eleme, in Rivers…
LAGOS JANUARY 9TH (NEWSRANGERS)-2021 ended with a report that Nigeria experienced a deficit of almost 200 million barrels of crude in the first 11 months of the year, mainly due to oil theft. But these experiences are all too common, and not limited to Nigeria alone. Year on year, we are seeing huge oil losses…
LAGOS JANUARY 7TH (NEWSRANGERS)-The Federal Government on Thursday said it was putting measures in place to ensure further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas. It disclosed this while reacting to the recent marginal drop in the cost of cooking gas. According to findings, the price of 12.5kg LPG has…
LAGOS JANUARY 5TH (NEWSRANGERS)-The Federal Government has imposed a N10 per liter excise duty tax on all non-alcoholic, carbonated and sweetened beverages. The excise duty tax is one of the amendments made in the Finance Act 2022 which was signed into law by President Muhammadu Buhari on December 31 last year. The Minister of Finance,…
LAGOS JANUARY 5TH (NEWSRANGERS)-Twitter users may soon have access to the social media platform which has met the six conditions imposed on it by the Federal Government. The Technical Committee raised by the government to resolve the impasse between the two parties is fine-tuning the offers by the micro blogger before making a final recommendation…
