LAGOS JANUARY 17TH (NEWSRANGERS)-Nigeria’s leader said Tuesday that his government will embark on “massive education” of youth as one way to tackle the increasing kidnappings for ransom now threatening the capital city along with the rest of the country’s conflict-hit north. President Bola Tinubu won last year’s election after promising to rid the West African…
LAGOS JANUARY 13TH (NEWSRANGERS)-President Bola Tinubu has suspended all administered Social Investment Programmes by the National Social Investment Programme Agency. This was made known in a statement issued on Friday by the Director of Information, Secretary to the Government of the Federation, Segun Imohiosen, claiming that the presidential decision was influenced by “ongoing investigation of…
LAGOS JANUARY 11TH (NEWSRANGERS)-Peter Obi, the candidate of the Labour Party in the 2023 presidential election, has described the 60 percent cut in federal official trip expenses by the presidency as merely scratching the surface, noting that it is limited in scope. President Tinubu had slashed the travel expenditure of all government officials – both…
LAGOS JANUARY 10TH (NEWSRANGERS)-In a move to cut cost of governance at the centre, President Bola Tinubu has directed that all official entourage to state and international events be drastically slashed by 60 percent. He has also directed that for every local trip of government, security details will henceforth be drafted from the host state….
LAGOS JANUARY 9TH (NEWSRANGERS)-LABOUR Party, LP, presidential candidate during the February 25, 2023 General Elections, Peter Obi, has kicked against what he described as Federal Government’s disturbing pattern of huge borrowing and profligate spending on non-essential procurements, warning that such pattern would soon wreck the economy. .The former Anambra State governor also condemned Federal Government’s…
LAGOS DECEMBER 30TH (NEWSRANGERS)-A US-based media company, Bloomberg L.P., has predicted a continued decline of the Nigerian naira in 2024, potentially making it the worst-performing currency globally for the second year in a row. Bloomberg’s market analysis reveals a staggering 55% depreciation of the naira this year, reaching about 1,043 to the dollar as of…
By Bola Bolawole LAGOS DECEMBER 29TH (NEWSRANGERS)-While he was visiting President Bola Ahmed Tinubu recently, the Nobel Laureate, Prof. Wole Soyinka, said he would give the president one year of grace before rating his performance in office. As would be expected, Tinubu and or Soyinka haters have read negative meanings into that. Soyinka, some have…
LAGOS DECEMBER 28TH (NEWSRANGERS)-Nigeria secured total loans of $2.7 billion from the World Bank under the administration of President Bola Tinubu amid concerns over the country’s rising external debt servicing costs. The four approved loans are for power ($750 million), women empowerment ($500 million), girl’s education ($700 million), and renewable energy ($750 million), according to…