Posts tagged as: Increase

Insecurity: Passengers’ Influx Pushes Up Air Fares

LAGOS AUGUST 2ND (NEWSRANGERS)-The number of air travellers has increased recently over insecurity in many parts of the country, Daily Trust can report. This has also resulted in marginal hike in air fares, random checks by our correspondent have shown. The routes where passengers’ turnout has recorded influx in recent times are the South East […]

NNPC Hints Of Fuel Pump Price Increase, Says N145 Cheapest In West Africa

LAGOS JULY 12TH (NEWSRANGERS)-The Nigerian National Petroleum Corporation (NNPC) has finally hinted that pump price of premium motor spirit (PMS) may be increased soon, as it described the N145 pump price as the cheapest in West Africa. Mele Kyari, who is the new Group Managing Director (GMD),stated this on Wednesday during a visit to Senate […]

Nigeria’s Inflation Rate Increases To 11.40% In May- NBS

LAGOS JUNE 17TH (NEWSRANGERS)-The National Bureau of Statistics (NBS), said the Consumer Price Index (CPI), which measures inflation has increased to 11.40 per cent (year-on-year) in May from 11.37 per cent recorded in April. The NBS made this known in its “CPI and Inflation Report’’ for May released in Abuja on Monday on its website. […]

FG To Increase VAT From 5% To 50%

LAGOS MARCH 20TH (NEWSRANGERS)-The Federal Government on Tuesday revealed its plan to increase the Value Added Tax (VAT) up to 50 percent. This is even as the upper chamber of the National Assembly approved N30, 000 as new minimum wage. The planned upward review of the Value Added Tax up to 50 percent was disclosed […]

ASUU Accuses FG Of Planning To Introduce N350,000 Tuition In Varsities

LAGOS OCTOBER 3RD (NEWSRANGERS)-The Zonal Coordinator of the Academic Staff Union of Universities, Ibadan Zone, Dr Ade Adejumo, on Tuesday alleged that the Federal Government was making attempt to make students of federal universities pay a minimum of N350,000 for tuition fee. Adejumo said this while addressing members of the Correspondents Chapel, Ibadan. He said […]

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