LAGOS SEPTEMBER 1ST (NEWSRANGERS)-The House of Representatives Committee on Customs has given the Nigerian Customs Service (NCS) two weeks to reduce its 18 cargo clearing stages to four. The committee made the resolution on Tuesday, in Abuja, after an interactive session with stakeholders. It insisted that the Comptroller General of Customs should appear in person…
LAGOS DECEMBER 8TH (NEWSRANGERS)-The Federal Government has reduced the pump price of premium motor spirit otherwise know as petrol from N168 per litre to N162.44 per litre effective from December 14, 2020. Minister of Labour and Employment, Chris Ngige told reporters at the end of a meeting with labour leaders which began at 9pm on…
LAGOS OCTOBER 7TH (NEWSRANGERS)-The Senate said on Wednesday that only those involved in budget preparation would accompany the President, Major General Muhammadu Buhari (retd.), to the National Assembly on Thursday. The President is expected to present the 2021 national budget estimates to the joint session of the federal parliament on Thursday. The President of the…
LAGOS AUGUST 4TH (NEWSRANGERS)-A Nigerian airline, Air Peace, has sacked over 70 pilots across its fleet. It also reduced staff salaries by up to 40 per cent. A member of the National Association of Aircraft Pilots and Engineers disclosed this to one of our correspondents, craving anonymity. The source said the number of sacked pilots…
LAGOS NOVEMBER 6TH (NEWSRANGERS)-Telecommunication operators in Nigeria said yesterday that the directive by the Federal Government that cost of data should be reviewed downward in five days is “unrealistic and insensitive” considering the high operating cost in the country. The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, yesterday, directed the Board…
LAGOS OCTOBER 9TH (NEWSRANGERS)-The Italian parliament has passed a reform – with 553 yeas to 14 nays – that would cut the number of lawmakers by over one third. After Tuesday’s vote the number of senators in the Upper House is to drop from 315 to 200, while that of deputies in the Lower House…
LAGOS NOVEMBER 2ND(NEWSRANGERS)-The Peoples Democratic Party (PDP) on Thursday said its presidential candidate would reduce the cost of premium motor spirit (PMS), popularly known as petrol to N87-N90 per litre. In a statement by Kola Ologbondiyan, spokesman of the Peoples Democratic Party (PDP) on Thursday, the party said former vice-president Atiku Abubakar had consulted with…
LAGOS OCTOBER 2ND (NEWSRANGERS)-The nation’s foreign exchange reserves fell by $1.457bn in September, the latest data from the Central Bank of Nigeria showed on Monday. The external reserves, which stood at $45.838bn at the end of August, declined to $44.380bn on September 27, 2018. Figures from the CBN had earlier revealed that the reserves, which…