Wealthy Nigerians To Pay More As President Buhari Approves New Electricity Bill

LAGOS AUGUST 26TH (NEWSRANGERS)-President Muhammadu Buhari, on Tuesday, approved the implementation of the proposed cost-reflective electricity tariff for the Nigerian Electricity Supply Industry (NESI). However, residential areas classified as “poor” will not be affected by the increase in tariff, TheCable understands. Also, Buhari has approved a one-year waiver of 35 per cent import tax for…

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Senate Asks FG To Consider Comprehensive Review Of Power Privatization Policy

LAGOS MAY 21ST (NEWSRANGERS)-The Senate on Tuesday asked the Federal Government to consider a comprehensive review of the power privatisation policy with a view to reversing the current arrangement. The red chamber said Nigerians would not enjoy stable power supply in the next 10 years if the activities of the distribution companies were not reviewed…

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Senate President Reacts To Calls For Scrapping Of House Of Reps

LAGOS OCTOBER 30TH (NEWSRANGERS)-Senate President, Ahmad Lawan, has said Nigeria should maintain a bicameral legislature consisting of the Senate and House of Representatives as presently TH constituted. He said the adoption of a bicameral legislature by the framers of the constitution was intended to address the country’s diversity and ethnic composition to ensure justice, equity…

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