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…
LAGOS JANUARY 5TH (NEWSRANGERS)-Despite the objections raised by the Senate and reservations expressed by some Nigerians about its visa-on-arrival policy for Africans, the Federal Government has commenced the implementation of the new visa regime. Sunday PUNCH findings revealed that the visa-on-arrival policy commenced on January 1, as planned. Also, the Nigeria Immigration Service has deployed…
LAGOS JANUARY 2ND (NEWSRANGERS)-PUNCH was conspicuously missing among the national dailies that got front page advertorial from the presidency on Wednesday. The advertorial contained the New Year message of President Muhammadu Buhari to Nigerians. While the content splashed on the cover page of major dailies, the newspaper, which describes itself as the most widely read in…
LAGOS JANUARY 2ND (NEWSRANGERS)-The Federal Government has confirmed the disengagement of 25 ambassadors and heads of missions. The confirmation was sequel to resistant by the affected diplomats who said the December 31, 2019, notice to them was “too sudden.” Minister of Foreign Affairs, Geoffrey Onyeama, had written to the envoys in November, directing that they return to Nigeria on…
LAGOS DECEMBER 22ND (NEWSRANGERS)-Ohanaeze Ndigbo, Anambra state chapter, has expressed dissatisfaction; over the victimization of Igbo entrepreneurs in the country. Ohanaeze further appealed to the Federal Government to stop policies; targeted at frustrating industrialists from the region. This was contained in a statement issued by the President of the group, Damian Okeke-Ogene; during a get-together…
LAGOS DECEMBER 1ST (NEWSRANGERS)-The Federal Government has reviewed its policy on stamp duty charges, levied on electronic payments. This is captured in the new proposed finance bill, presently with the Senate. The new bill ensures that the N50 stamp duty charge will now be levied on electronic payments above N10,000 as against payments above N1,000….
LAGOS NOVEMBER 24TH (NEWSRANGERS)-The Federal Government has announced abolishment of the policy of preference for catchment areas in admitting new students in Federal Universities. President Mohammadu Buhari announced this yesterday at the 45th convocation ceremony of the University of Benin in Benin City. The President who was represented by the Deputy Executive Secretary, National Universities…
LAGOS NOVEMBER 24TH (NEWSRANGERS)-The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, has said the United States is to notify the Nigerian authorities of the indictment of the Chairman and Chief Executive Officer of Air Peace Limited, Chief Allen Onyema, in the United States on allegations of fraud and money laundering….