LAGOS JANUARY 30TH (NEWSRANGERS)-According to Punch, another $321million Abacha loot will be returned to the country soon. A tripartite understanding between the Island of Jersey, the United States of America and Nigeria has reportedly been established, and Pulse understands that the agreement on the repatriation will be signed next week. The decision to repatriate the…
LAGOS JANUARY 2TH (NEWSRANGERS)-Lagos lawyer and human rights activist, Chief Malcolm Omirhobo has filed a suit before a Federal High Court, Abuja praying for the disbandment of Christian and Muslim commissions in Nigeria and declaring them illegal. The suit marked FHC/ABJ/CS/ is between Omirhobo and five defendants.The plaintiff is calling for the interpretation and/or…
LAGOS JANUARY 23RD (NEWSRANGERS)-The Federal Government has been able to secure commercial deals worth over ₦153.4billion from the inaugural UK-Africa Investment Summit which was held in London. President Muhammadu Buhari, who led a delegation from Nigeria, held meetings with Prime Minister Boris Johnson and His Royal Highness the Prince of Wales. In a statement on…
LAGOS JANUARY 17TH (NEWSRANGERS)-The Federal Government says a plan is in motion to provide alternative fuel, Compressed Natural Gas (CNG), that would cost between N95 to N97 per litre. The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this while addressing journalists in Abuja on Thursday, January 16, 2020. He noted that CNG has…
LAGOS JANUARY 14TH (NEWSRANGERS)-Just about few days after the inauguration of a security outfit known as Amotekun by South-West states, the Federal Government has declared the paramilitary outfit as illegal as it is not backed by any known law in the land. It is noted that the Attorney General of the Federation made the feeling…
LAGOS JANUARY 10TH (NEWSRANGERS)-A rights activist and lawyer, Chief Malcolm Omirhobo, has asked a Federal High Court to interpret the provisions of Section 10 of the 1999 Constitution, in relation to the inscription on the Naira notes and logo of the Nigerian Army. The plaintiff filed two suits labeled FHC/Abj/CS/2/2020 and FHC/Abj/C’S/3/2020. The defendants in…
LAGOS JANUARY 7TH (NEWSRANGERS)-The Federal Government (FG) has announced that small businesses with turnover less than N25m will be exempted from paying Companies Income Tax (CIT). Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed while disclosing this Monday explained that the policy would be effective once the Finance Bill 2019, is signed into law….
LAGOS JANUARY 6TH (NEWSANGRS)-ELECTRICITY tariff is going up across the country, and this is official. The 11 electricity distribution companies (DisCos) have the mandate of the Nigerian Electricity Regulatory Commission (NERC) to effect the tariff increase from April. These are: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Eko Electricity Distribution…