LAGOS FEBRUARY 27TH (NEWSRANGERS)-Amidst sustained outrages on over billing, the Nigerian Electricity Regulatory Commission (NERC) has barred the 11 Distribution Companies (DisCos) from charging residential customers above an average of N1,800 monthly until they are metered. In an Order 197 signed by the Chairman, Prof. James Momoh and the Commissioner, Legal, Licencing & Compliance, Dafe…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-The Association of Nigerian Licensed Customs Agents ANLCA disclosed on Tuesday, that customs brokers and freight forwarders in Nigeria have lost about N20b cumulatively as a result of fake and substandard importations into the country in the last ten years. National President of the foremost freight agents group , Tony Nwabunike made…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-The Director-General, Standards Organization of Nigeria (SON), Engr. Osita Aboloma, will tomorrow in Lagos meet with maritime stakeholders on the agency’s new operational system. The event, which holds at the Rockview Hotel, Apapa, has as its theme: “Facilitating Trade Through SON Automated Services”. THE POWERFUL PEN learnt that the 10.00am sensitisation event…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-Two officers of the Nigeria Customs Service, NCS, have been reported dead on Sunday from a ghastly road accident in Akwa Ibom State. It was reported that the yet-to-be identified officers died while their van was chasing a Toyota Sienna bus, suspected to be conveying rice at Urua Ita, Oron axis section…
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…
