LAGOS FEBRUARY 25TH (NEWSRANGERS)-Some 70 members of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday bemoaned the nonpayment of their severance package 10 years after they were sacked by Mobil Producing Nigeria (MPN) subsidiary of US firm ExxonMobil. They said that they were disengaged in 2009 before the expiration of their employment contacts…
LAGOS FEBRUARY 25TH (NEWSRANGERS) – The African Development Bank, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing Zones in Nigeria. A workshop was held in Abuja from 17 to 18 February to address the categorization and location of the SAPZs, which are meant…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP) during the 2019 elections, Mr. Peter Obi, has called for a legislation that will mandate government to pay contractors or suppliers for certificates generated or goods supplied within 90 days. Obi was speaking at the weekend during the installation of Sir Emeka Nwandu…
LAGOS FEBRUARY 21ST (NEWSRANGERS)-Central Bank of Nigeria’s reserves data shows that the country’s external reserves have dropped by $1.51 billion within 45 days. The data was analysed based on the movement of the country’s external reserves between January 6 to February 18, 2020, as contained in the CBN data on the ‘movement in reserves’ According…
LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Nigeria Customs Service, in Kano and Jigawa states, is set to shutdown supermarkets and shops found patronising foreign rice and other prohibited items. The agency, in a letter with reference number NCS/KAN/053/S.28 dated 17th February 2020 wrote to all supermarkets and shops in Kano and Jigawa states, directing them to stop…
LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable as many genuine businesses are suffering, and some are at the verge of shutting down. The Director- General, MAN, Segun Ajayi-Kadir, said this on Tuesday at a ‘Stakeholders forum on impact of border closure…
LAGOS FEBRUARY 18TH (NEWSRANGERS)-Officers and men of Nigeria Customs Service Ogun State command supported by personnel of the Nigerian Army on patrol have been attacked by daredevil persons suspected to be rice smugglers in Ogun State. In a press statement issued by the command’s Public Relations Officer, Abdullahi Maiwada the attack took place at 02:30…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank (https://www.AfDB.org), have a ttendency to lend too quickly and in the process, add to the continent’s debt problems. ADB, however described the allegation as inaccurate and not fact based,…