Obi  Kicks Against  FG’s  Lavish Borrowing, Spending

LAGOS JANUARY 9TH (NEWSRANGERS)-LABOUR Party, LP, presidential candidate during the February 25, 2023 General Elections, Peter Obi, has kicked against what he described as Federal Government’s disturbing pattern of huge borrowing and profligate spending on non-essential procurements, warning that such pattern would soon wreck the economy. .The former Anambra State governor also condemned Federal Government’s…

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FG Moves To Reduce Domestic  Air Airfares By 50%

LAGOS DECEMBER 19TH (NEWSRANGERS)-The Federal Government is tinkering with the idea of subsidizing airfares to reduce the high costs of tickets. The Minister of Aviation and Aerospace Development, Mr Festus Keyamo was said to have held a meeting last week Friday with airline operators through their umbrella body, Airline Operators of Nigeria (AON) with a…

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20,000 Cameroonian Refugees  Seeking Asylum In Nigeria Begs FG For Assistance

LAGOS DECEMBER 2ND (NEWSRANGERS)-No fewer than 20,000 refugees have fled the Republic of Cameroon to seek asylum in Taraba State, Nigeria. The refugees camping in five local government areas of Sardauna, Kurmi, Gashaka, Ussa and Takum, are appealing to federal and state governments as well as non-governmental organizations for assistance to ameliorate their sufferings. The…

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FG Approves Unambitious Budget Of  N27.5tr For 2024

LAGOS NOVEMBER 28TH (NEWSRANGERS)-The Federal Executive Council (FEC), yesterday, approved a total expenditure of N27.5 trillion for next year, endorsing the continuation of spurious appropriation benchmarks and unambitious public spending. Details of the appropriation may be laid before the National Assembly tomorrow. With the 2024 – 2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP),…

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