LAGOS JANAURY 3RD (NEWSRANGERS)-The Nigerian National Petroleum Company (NNPC) Limited has reacted to a media report alleging fresh plans to increase the price of petrol to N1,200 per litre. Politics Nigeria reports that social media platforms, on Wednesday, have been awash with rumours of a new increase in the price of fuel across the country. Reacting […]
LAGOS OCTOBER 24TH (NEWSRANGERS)-Marketers of cooking gas under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers exposed the plans by some operators of gas terminals in Nigeria and some sets of cabals running the business, to increase the price of 12kg of gas to N25,000. The marketers also revealed that the high […]
LAGOS SEPTEMBER 6TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters. NERC made the announcement on Tuesday in a circular marked NERC/2023/020, and jointly signed by Sanusi Garba, the commission’s chairman and Dafe Akpeneye, its commissioner, legal, licencing, and compliance. The commission said a single-phase meter […]
LAGOS AUGUST 15TH (NEWSRANGERS)-The presidency has officially declared that there will be no increase in petroleum product prices at the present moment. A Twitter post from the Nigerian Television Authority read: “The presidency says there is no increase in petroleum product prices at this time as the President is convinced based on the information before […]
LAGOS AUGUST 11TH (NEWSRANGERS)-The pump price of the Premium Motor Spirit (PMS) may yet increase to about N750 per litre, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted. This is even as the association urged the government to initiate policies that would save the naira from further depreciation. The association’s national spokesperson, Mr. […]
LAGOS AUGUST 4TH (NEWSRANGERS)-Petrol pump prices in Nigeria are likely to increase for the third time since subsidy removal as Platt benchmark price for petroleum products reached a staggering $979.75 per metric ton (MT) at the close of Wednesday’s trading session. Additionally, the Argus benchmark price trading platform reported prices of $960.86/MT and $1,010.86, including […]
LAGOS JULY 29TH (NEWSRANGERS)-The University of Jos has announced the increase of school fees from the current N45,000 to N213,000 an increment of over 300 percent. According to new school fees chat signed by the Registrar of the university, the N213,000 fee is for 100 and 200 level students while the 300 level students […]
LAGOS JULY 14TH (NEWSRANGERS) Prime Minister Rishi Sunak has announced that the fees and health surcharge paid by visa applicants, including Indians, towards the UK’s National Health Service (NHS), which is funded by the state, will significantly rise. This increase aims to meet the country’s public sector wage increase. Sunak confirmed a hike of 5 […]
LAGOS JUNE 26TH (NEWSRANGERS)-The Central Bank of Nigeria and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to the maritime sector with a 40 per cent increase in the exchange rate used for calculating import duty. The NCS on Saturday raised the exchange rate used for the calculation of import duty from […]
LAGOS JUNE 19TH (NEWSRANGERS)-Nigerians have been reacting to report of 40 percent increase in electricity tariff in the coming days, a development which may eventually end all forms of energy subsidy in the country, according to The Guardian. With a monthly subsidy of about N50 billion still in the electricity sector owing to revenue shortfall, […]
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