LAGOS NOVEMBER 27TH (NEWSRANGERS)-As the Yuletide season approaches, more smuggled items — mainly foreign parboiled rice, tomato paste, frozen chicken and cars — are still being smuggled into the country in large scale, closure of Nigerian borders notwithstanding. Investigations by The Guardian revealed that tonnes of foreign rice flooded Nigerian markets, after the EndSARS unrest…
LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable as many genuine businesses are suffering, and some are at the verge of shutting down. The Director- General, MAN, Segun Ajayi-Kadir, said this on Tuesday at a ‘Stakeholders forum on impact of border closure…
LAGOS JANUARY 12TH (NEWSRANGERS)-The Nigerian Ports Authority (NPA) has said that it hoped to see more cargoes moving down to the Eastern port this year. The General Manager Corporate and Strategic Communications of NPA, Mr Adams Jatto, disclosed this in an interview with News Agency of Nigeria (NAN) in Lagos on Saturday. According to him,…
LAGOS NOVEMBER 27TH (NEWSRANGERS)-Nigeria met with its West African neighbors on Tuesday over its land border closure, with the African giant insisting on levying duties on goods transiting to its country through neighboring nations to curb smuggling. “Tuesday, there was a meeting between … the comptrollers of customs of all the three countries involved. We…
LAGOS NVEMBER 19TH (NEWSRANGERS)-Nigeria’s Inflation Rate Rose To 17-month high in October as food prices surged. Consumer prices rose 11.6% from a year earlier compared with 11.2% in September, the Abuja-based National Bureau of Statistics said in a report published on its Twitter account Monday. That is the highest rate since May 2018 and exceeded…
LAGOS NOVEMBER 16TH (NEWSRANGERS)-After seventy-seven days of border closure, major markets and stores in Sokoto State are still being flooded with foreign rice. Where do they get the foreign from after two month of border closure? Apparently, by now, old stocks should have been exhausted in two month. But that is not the case in…
LAGOS NOVEMBER 12TH (NEWSRANGERS)-Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure….
LAGOS NOVEMBER 8TH (NEWSRANGERS)-Nigerians doing business in Ghana have been asked to quit their shops by Thursday, November 14, 2019, or be forcibly evicted in apparent retaliation against the Federal Government’s closure of the borders. The ultimatum was issued by the Ghana Union of Traders’ Associations (GUTA) and the Ghana Electrical Dealers Association (GEDA). One…