LAGOS JULY 7TH (NEWSRANGERS)-The Comptroller-General of the Nigeria Customs Service, NCS, Adewale Adeniyi, said yesterday the federal government has reduced the import tariffs on used vehicles from 15 per cent to five and on brand-new vehicles from 20 per cent to 10. Adeniyi spoke when he appeared before the House of Representatives Committee on Customs and…
LAGOS JULY 4TH (NEWSRANGERS)Nigeria says it will seek compensation from South Africa for its citizens who have left the country following recent protests targeting undocumented migrants. Foreign ministry spokesperson Kimiebi Imomotimi Ebienfa on Wednesday told the BBC that the issue would be discussed between the two governments “at the highest levels”. Acting High Commissioner…
LAGOS JUNE 6TH (NEWSRANGERS)-Nigeria is planning to repatriate more than 1,000 of its nationals from South Africa as anti-immigrant tensions rise in the country, long a destination for documented and undocumented African workers. The move by Abuja comes after Ghana recently repatriated hundreds of its citizens from South Africa in response to a wave of…
LAGOS AUGUST 20TH (NEWSRANGERS) – Former Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Femi Soneye, has called on the Federal Government to support the Nigerian media with targeted incentives, including tax reliefs and import duty waivers on essential media tools. Soneye made the appeal in Abuja on Tuesday…
LAGOS JULY 13TH (NEWSRNAGERS)-Opposition leaders on Saturday criticised President Bola Tinubu’s administration following remarks by the leadership of the Nigerian National Petroleum Company Limited, which cast serious doubt on the viability of the country’s refineries despite the billions invested in their rehabilitation. On Thursday, the President of the Dangote Group, Aliko Dangote, stated that…
LAGOS MAY 23RD (NEWSRNAGERS)-The chairman of Dangote Group, Aliko Dangote, has revealed that the federal government makes 52 kobo from every N1 generated from the production and sale of Dangote Cement. Dangote disclosed this on Wednesday at the 2025 Taraba International Investment Summit, with the theme: ‘Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining, and…
LAGOS NOVEMBER 2ND (NEWSRANGERS)-The Federal Government has stepped into the case of the #EndBadGovernance protesters who were arraigned earlier on Friday at a Federal High Court in Abuja. The protesters, arrested during the August 1-10 demonstration, were granted N10 million bail each with two sureties in like sum by Justice Obiora Egwuatu. However, during their…
LAGOS OCTOBER 25TH (NEWSRANGERS)-The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has confirmed that the federal government would impose 15 percent Value Added Tax (VAT) on luxury goods, adding that total subsidy removal became effective last month. Fielding investors’ questions at a meeting on the sidelines of the on-going IMF/World bank…