LAGOS JUNE 4TH (NEWSRANGERS)-The price of premium motor spirit and automotive gas oil may increase as the Federal Ministry of Works and House of Representatives push for the implementation and remittances of a 5 percent road user charge to be factored into fuel and diesel prices. This was disclosed at an investigative hearing of the…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Nigerians Customs Service has suspended the implementation of the widely criticised four per cent Free-on-Board value on imports. A statement signed by the Customs National Public Relations Officer, Abdullahi Maiwada, disclosed the latest development on Tuesday in Abuja. The amount, as stipulated in Section 18(1)(a) of the Nigeria Customs Service Act…
LAGOS FEBRUARY 4TH (NEWSRANGERS)-The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has disclosed that telecommunications companies (telcos) will commence the full introduction of new tariffs in March. On January 20, the Nigerian Communications Commission (NCC) for granted telecommunications companies (telcos) to implement a 50 percent tariff hike. Three days later, the minister of finance, Wale…
LAGOS MAY 10TH (NEWSRANGERS)-The House of Representatives demanded an immediate halt to the proposed implementation of the cybersecurity levy imposed by the CBN. The resolution of the House was sequel to the adoption of a motion by Hon. Kingsely Chinda on behalf of others. He said the CBN through a circular to all Commercial, Merchant,…
LAGOS MAY 1ST (NEWSRANGERS)-The House of Representatives has called on the Nigerian Electricity Regulatory Commission to suspend forthwith the implementation of the new electricity tariff nationwide. Recall that NERC recently mandated electricity distribution companies to charge Band A consumers increased tariffs in a move aimed at ensuring a stable power supply for those who can…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-President Bola Tinubu has ordered the full implementation of the 2012 Stephen Oronsaye report. Going by this implementation, it announced the merging, subsuming, scraping and relocation of several agencies of government. The Minister of Information and National Orientation, Mohammed Idris, revealed this to State House Correspondents after Monday’s Federal Executive Council…