LAGOS NOVEMBER 29TH (NEWSRANGERS)-Chairman of Innoson Vehicles Manufacturing Company Limited, IVM, Chief Innocent Chukwuma, has cautioned that Federal Government’s plan to reduce the import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill, will not only be a disincentive to investments, but will also set Nigeria’s automotive…
LAGOS NOVEMBER 23RD (NEWSRANGERS)-The federal government of Nigeria has concluded plans to slash the levy to be paid on imported cars from 35 percent to five percent, according to a new bill to be presented to the national assembly. The bill which will come as a welcome development to Nigerians who have been financially impacted…
LAGOS NOVEMBER 19TH (NEWSRANGERS)-Cable News Network, CNN has reacted to the threat of sanctions from the Federal Government over its investigative report on the October 20 shooting incident at the Lekki tollgate. The international media house carried out an investigation into the incident and shared its findings on Wednesday, November 18. Read here. At a…
LAGOS NOVEMBER 18TH (NEWSRANGERS)-The Senate committee on privatisation has said the chamber is not aware of any planned agreement by the Bureau of Public Enterprise (BPE) to sell or concession some national properties to help fund the 2021 budget. Chairman of the committee, Theodore Orji, disclosed this to journalists on Tuesday. He also complained that…
LAGOS OCTOBER 30TH (NEWSRANGERS)-The National Mass Metering Programme (NMMP) will on Friday, October 30, 2020 commence distribution of free electricity meters to Nigerians with simultaneous launch events of the scheme in Kano, Kaduna, Eko and Ikeja DISCO franchise areas. The programme was initiated by President Muhammadu Buhari to ensure mass metering with the hope of…
LAGOS OCTOBER 28TH (NEWSRANGERS)-The Federal Government has declared Thursday as a public holiday to mark this year’s Eid-el-Maulud celebration in commemoration of the birth of Prophet Muhammad. The Minister of Interior, Rauf Aregbesola, made the declaration on Tuesday on behalf of the Federal Government. In a statement by the Director of Press and Public Relations…
LAGOS SEPTEMBER 19TH (NEWSRANGERS)-The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang has said that plans were on the way to sell petrol less than N100 per litre. Senator Enang said as soon as local refineries begin operation, the price of petroleum products would be forced to crash. He…
LAGOS SEPTEMBER 19TH (NEWSRANGERS)-Nigeria government on Friday apologised for the misleading information it published about the recent directive on self-certification form. “We apologize for the misleading tweets (now deleted) that went up yesterday, regarding the completion of self-certification forms by Reportable Persons,” the Nigeria government tweeted on Friday morning. “The message contained in the Federal…