FG Slices Police Budget Proposal By N92.9bn Amidst Insecurity

LAGOS NOVEMBER 13TH (NEWSRNAGERS)-The Federal Government has slashed the budget proposed by the Nigeria Police Force by almost N93bn, a situation which the security outfit has warned may frustrate its efforts towards effectively tackling the growing insecurity in the country. The police blamed the reduction largely on the envelope budgeting system of the government and…

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FG Slashes Import Duty On Hillux Vehicles, Pickups To 10%

  LAGOS APRIL 27TH (NEWSRANGERS)-The Federal Ministry of Finance, Budget and National Planning has approved implementation of the ECOWAS Common External Tariff (CET) 2022-2026 which provides for a slash in import duty of pickup vehicles to 10 per cent without payment of the controversial National Automotive Council (NAC) levy. The circular obtained by Daily Sun…

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Presentation Of 2021 Budget: Senate Slashes President Buhari’s Entourage

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…

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Buhari Slashes Fuel Pump Price To N125

LAGOS MARCH 19TH (NEWSRANGERS)-The Federal Government in a statement issued on Wednesday directed the Nigerian National Petroleum Corporation to reduce the ex-coastal and ex-depot prices of petrol, “to reflect current realities.” Reacting to the directive, the NNPC in a tweet on Wednesday, said: “effective 19th March 2020, the  Ex-Coastal price for PMS will be reviewed…

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