Peter Obi Alerts Nigerians  Over N34tn Revenue Deductions In Three Years

LAGOS APRIL 20TH (NEWSRANGERS)-Former presidential candidate of the Labour Party, Peter Obi, has expressed concern over what he described as massive revenue leakages, citing World Bank findings that about ₦34 trillion in federation revenue did not reach the Federation Account within three years. In a statement on Saturday, Obi said it was “deeply troubling” that…

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UTME Result Controversy: JAMB Slams Three Years Bans On Anambra Student Mmesoma

LAGOS JULY 5TH (NEWSRANGERS)-Amid controversy surrounding Ejimeme Joy Mmesoma’s UTME results, the Joint Admissions and Matriculation Board (JAMB) has barred the student from sitting for the examination for three years. JAMB, on Tuesday morning, also said that it stopped using the print-out currently being paraded by ths Anambra candidate as her authentic result in 2021….

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Fashola Proposes Three-Month Rent Collection By Landlords As Against Three Years

LAGOS JULY 16TH (NEWSRANGERS)-The Minister of Works and Housing, Babatunde Fashola, has suggested the collection of three-month rent by landlords and property owners as against the collection of three years rent which he said made housing unaffordable for Nigerians in urban centres. The minister made this known on Thursday at the weekly State House Briefing…

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Nigerian Naira Black-Market Rate Traded At N415, Weakest In Three Years

LAGOS APRIL 1ST (NEWSRANGERS)-The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the country’s central bank cut supply to dealers. The local unit traded at 415 naira per dollar according to abokiFX.com, which collates rates from street-traders in Lagos. In the official spot market, naira traded 386.51…

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Nigeria Govt Accused Of Borrowing More In Last Three Years Than It Did In 30 Years

LAGOS NOVEMBER 24TH (NEWSRANGRS)-At current levels of over N25 trillion, it means that Nigeria has borrowed in three years more than it borrowed in 30 years previously, and the country to remain peaceful and get the economy working better, it must return to the basics of federalism, as the foundation of her national enterprise.      A former…

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