LAGOS NOVEMBER 30TH (NEWSRANGERS)-Nigeria’s president has delivered his first budget since taking office, as the country faces a deepening cost of living crisis. He announced government plans to spend 27.5 trillion naira ($34.85bn; £27bn) in the new financial year. Bola Ahmed Tinubu said the plans would attract investment, offering “renewed hope” during tough economic times….
By Abiola Daisy Igaga and Bartholomew Okuodo LAGOS NOVEMBER 28TH (NEWSRANGERS)- Since the swearing in of the present government on May 29, 2023, the economic index of Nigeria has become worse in all respect. The country is witnessing heightened inflation, social facilities and infrastructures are in a state of pitiable decay, the rate of unemployment is getting…
LAGOS NOVEMBER 26TH (NEWSRANGERS)-Nigeria outlawed same-sex relationships back in 2014. But recent social media posts suggested that President Bola Tinubu had agreed to sign an agreement between the European Union and countries from Africa, the Caribbean and Pacific regions that would supposedly see gay sex legalised in the country. But the claim is false; Nigeria…
By Michael Owhoko, Ph.D LAGOS NOVEMBER 21ST (NEWSRANGERS)-Any Nigerian with rational and open mind knows that complexity of governance in Nigeria today is rooted in the country’s political system, which by any stretch of imagination and logic, is unsuitable for a heterogenous society like Nigeria with over 250 ethnic groups that are characterized by incompatible…
LAGOS NOVEMBER 15TH (NEWSRANGERS)-Nigerian President Bola Tinubu met top officials of the Islamic Development Bank (IsDB) to negotiate a “multi-billion dollar infrastructure finance facility” to help build ports and power plants, his spokesperson said on Tuesday. Tinubu held talks with IsDB vice president Mansur Muhtar late on Monday in Mecca, Saudi Arabia, spokesperson Ajuri Ngelale…
LAGOS NOVEMBER 14TH (NEWSRANGERS)-National Security Adviser, Nuhu Ribadu has linked the financial distress being faced in the country to an alleged bankrupt government inherited by President Bola Tinubu. Ribadu who spoke at the Chief of Defence Intelligence Annual Conference 2023 themed: “Leveraging Defence Diplomacy, and Effective Regional Collaboration for Enhanced National Security”, stated that in…
LAGOS NOVEMBER 13TH 9NEWSRANGERS)-Nigeria will boost incentives for foreign investors in an attempt to address a decline in capital coming into the country as part of the government’s plans to revive the economy. The administration in Abuja will introduce measures to eliminate double taxation and allow speedy remittances of foreign money, Doris Uzoka-Anite, the minister…
LAGOS NOVEMBER 9TH (NEWSRANGERS)-A day after President Bola Tinubu signed into law the N2.17trn supplementary budget, the presidential candidate of the Labour Party, Peter Obi, has accused the Federal Government of being uncaring and insensitive to the suffering Nigerians. Tinubu had on Wednesday assented to the Supplementary Appropriation Act in Abuja to strengthen Nigeria’s security…
