New Austerity Measures: Saudi To Triple VAT, Suspends Monthly Payment To Citizens

LAGOS MAY 12TH (NEWSRANGERS)-Saudi Arabia’s finance minister on Monday said the kingdom will triple its Value Added Tax and halt monthly handout payments to citizens in new austerity measures amid record low oil prices and a coronavirus-led economic slump. The measures, which could stir public resentment with the cost of living rising, come as the…

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Empty KLM Aircraft Lands At Lagos Airport, Evacuate 260 Dutch, French Nationals

LAGOS MARCH 27TH (NEWSRANGERS)-An empty aircraft operated by KLM from Amsterdam landed at the Murtala Muhammad International Airport (MMIA), Lagos on Thursday to evacuate some Dutch and French nationals from Lagos, Nigeria to Paris, France. It was learnt that the flight was duly approved by the Nigerian Government as it falls among the exemptions granted…

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