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),…
LAGOS NOVEMBER 15TH (NEWSRANGERS)-Peter Obi, the presidential candidate of the Labour Party in the 2023 elections, has reacted to claims by the Federal Government that he inherited a bankrupt nation. In a statement released on Thursday via his verified X account, Obi said that the Federal Government’s claims were “without foundation” and that the government…
LAGOS OCTOBER 22ND (NEWSRANGERS)-The Federal Government is reviewing and expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme. It is also removing beneficiaries who have excited the poverty line. Saturday PUNCH gathered that the government was also taking out dead beneficiaries from the register and would disqualify those…
LAGOS OCTOBER 10TH (NEWSRANGERS)-The Federal Government has stated that it will soon issue an order, compelling airline operators to commence payment of compensation to passengers for delayed and cancelled flights not ‘caused’ by natural occurrences. The Minister of Aviation and Aerospace Development, Festus Keyamo, said this during a meeting with airline operators in Abuja on…
LAGOS OCTOBER 8TH (NEWSRANGERS)-Indications have emerged that Nigerians may have to wait a little longer before locally refined petroleum products would be available in order to halt the rising cost of imported fuel, which landing cost is currently put at N720 per litre. This is due to the fact the four refineries of Warri, Kaduna…
LAGOS OCTOBER 8TH (NEWSRANGERS)-Global human rights organisation, Amnesty International, has condemned and berated the President Bola Tinubu-led Nigerian government over a warning issued to Arise Television by the National Broadcasting Corporation (NBC) for allegedly using “derogatory and incendiary remarks” against the President and others on its station. SaharaReporters earlier reported that the NBC issued a…
LAGOS OCTOBER 7TH (NEWSRANGERS)-The Federal Government through the National Broadcasting Commission (NBC) has issued a final warning to Arise Television over the use of derogatory and incendiary remarks on its station. Naija News reports that the warning was contained in a letter by the NBC’s Director General, Dr Balarabe Shehu Ilelah, on October 6, 2023….
LAGOS SEPTEMBER 29TH (NEWSRANGERS)-Nigeria plans to overhaul its tax system to shift more of the burden to wealthy citizens while cutting corporate taxes. The move — part of President Bola Tinubu’s reforms to overhaul the beleaguered economy – aims to lift the country’s tax take to 18% of gross domestic product within three years from…