LAGOS AUGUST 6TH (NEWSRANGERS)-Former President Olusegun Obasanjo has condemned the manner in which President Bola Tinubu’s administration removed the fuel subsidy, warning of the increased hardship it will cause for ordinary Nigerians. He gave the warning in an interview with the Financial Times. Obasanjo said that the government should have prioritized mitigating the hardship caused…
LAGOS AUGUST 6TH (NEWSRANGERS)-The ongoing #EndBadGovernanceinNigeria protest in Kaduna took a new twist on Monday as protesters regrouped and set fire to a security patrol vehicle belonging to the Kaduna State Vigilance Service in Rigasa, located in the Igabi Local Government Area. The Zaria office of the Kaduna State Traffic Law Enforcement Agency was also…
LAGOS AUGUST 6TH (NEWSRANGERS)-Despite President Bola Tinubu’s June announcement suspending import duties and tariffs on essential food items for six months, Nigerian importers claim they are still being forced to pay these fees. The presidential directive aimed to curb soaring prices of food, raw materials, and manufacturing inputs, and also covered agricultural production inputs like…
LAGOS AUGUST 6TH (NEWSRANGERS)-First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he…
LAGOS AUGUST 6TH (NEWSRANGERS)-The Russian Embassy in Nigeria on Monday said Russia is not involved and does not coordinate the activities of those waving its flags during the #EndBadGovernance protests in Nigeria. The #EndBadGovernance protests which began on 1 August, continued for the fifth day on Monday, with some demonstrators waving the Russian flag and…
LAGOS AUGUST 8TH (NEWSRANGERS)-The Nigerian National Committee of the International Press Institute (IPI Nigeria) has condemned in strong terms the deployment of excessive force against journalists covering the nationwide protests. On Saturday, August 3rd, 2024, several journalists covering the #EndBadGovernance protests were shot at the Moshood Abiola Stadium in Abuja by security agents wearing hoods. The…
By Olufemi Soneye LAGOS AUGUST 8TH (NEWSRANGERS)-In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that…
LAGOS AUGUST 6TH (NEWSRANGERS)-As the recently established Nigeria Consumer Credit Corporation (CREDICORP) advances towards disbursement of consumer credit to Nigerians, sequel to the success on its recent Expression of Interest (EOI) campaign for financial institutions, no fewer than 151 organisations have indicated interest. The CREDICORP is a Federal Government corporation with a mandate to expand…
