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 APRIL 15TH (NEWSRANGERS)-Nigeria will next year conduct its first census in 17 years to try to accurately survey its population, estimated at more than 200 million people and the largest in Africa, the head of the national population agency said on Thursday. Censuses are controversial in Nigeria because rival ethnic and religious groups have…
LAGOS DECEMBER 2ND (NEWSRANGERS)-Justice Binta Nyako of a Federal High Court in Abuja on Thursday rescheduled the trial of the detained leader of the proscribed Indigenous People of Biafra, Mazi Nnamdi Kanu from January 19 to 18, 2022. The shift in the trial date followed the abridgement of time granted by the Judge following a…
LAGOS NOVEMBER 25TH (NEWSRANGERS)-Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, has stated that petrol will sell for between N320 and N340 per liter from February, next year. Kyayi, who said Nigeria would be out of the subsidy regime in the first quarter of 2022, explained that subsidy…
LAGOS DECEMBER 2ND (NEWSRANGERS)-Evidence of tax payment will be a condition for operating a bank account from January, according to the Financial bill passed by the National Assembly. The Bill, submitted to the lawmakers with Budget 2020 by President Muhammadu Buhari, is designed to improve financial operations of the country and streamline the tax regime….